In mid-August 2021, we’ve seen two changes in mortgage loans. Recently Fannie Mae and Freddie Mac did away with their added fee for refinances. The fee was issued on all loans over the last few months in 2021 but they just dropped it. What this means for borrowers is that rates are even better for
The VA home loan offers some great benefits for the veterans still in the military who have their certificate of eligibility or those just coming out of service, either from deployment or once they completed their active duty. Many of these veterans have no idea that they can qualify for a new home or even
Veteran’s Administration or VA loans offer military veterans advantages in the mortgage process. The first opportunity is that the VA allows a cash-out refinance, meaning they can pull up to 100% of the home’s value. The veteran can use the cash for whatever purpose they choose, whether it’s to combine a 1st and 2nd mortgage,