Just over a quarter of a million veterans live in Nevada as of 2018 and we’ve got a list of major benefits that you may not know about that includes a veteran home in Boulder City. VA Home Loans We offer A $0 down payment mortgage option available to Veterans, Service Members and select military spouses. These loans are guaranteed by the U.S Department of Veteran Affairs. Contact Us Today! (702) 696-9900 Our experienced
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Receiving & using a cash gift is one of the most common processes when purchasing a new home. Most forms of cash gifts are used for the 20% down payment. We’ve provided a brief breakdown of the process and how to ensure you’re not denied from your lender due to in proper gifting. Down Payments Down payment “gifts” can make it easier to purchase a home. Loan programs including FHA, VA, USDA, Conventional, and Jumbo
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Mortgage & Homebuyer Concerns House Prices Are The Culprit Who would have guessed we would be back to the similar movie The Day After Tomorrow? All areas of the housing market are bracing themselves. More then half of the industry are saying the rising of interest rates have been their biggest hurdle since the World Record Jump of 2007. The industry needs to drive forward with the digitization of the mortgage application process. And future
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Tips for First-Time Home Buyers If you search the internet for ‘home buying’ you’ll find an abundance of tips and tricks but they’re all pretty much the same. The end result is you purchasing your dream home so we’re here to help you through the process from start to finish. There are 4 categories: Down Payment Secure Application House Shopping Avoidable Mistakes Down Payment Tips 20% is a common down payment. We can go as
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Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with stable income? What is the borrower’s credit score? It’s important to understand what affects your score and how you can boost it. One major factor in your credit score is how much revolving credit** you have versus
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We all know things happen that are out of our control. An unexpected medical bill or a car emergency. These types of situations can throw off your whole budget and cause you to worry about missing a mortgage payment or several payments. Do you know what to do? Contact Your Mortgage Servicer Always be prepared to tell the why you can’t make your monthly payments and whether or not this is temporary or permanent and
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Conventional rates today fell considerably today but, do you know what does effect the rates to rise and fall as they do? The most crucial clues offset each other — Return of investment (Treasury Yield) on the government’s debt obligation rose while oil prices fell. Shown below are some factors you might want to consider: Factors Major stock indexes opened slightly low and flat (neutral for mortgage rates) Gold prices fell $8 to $1,232 an ounce. (That
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We know with any purchase process gathering all of the necessary documents can be quite hassle even for the most organized. All lenders want and need detailed information about your finances to determine if you quality for a home loan. We’ve provided a basic list that can help assist with this daunting task. Keep in mind each situation is uniquely different so if you don’t know what you need ask your lender. Proof of income
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California regulators approve plan to mandate solar panels on new home construction! California regulators Wednesday approved a historic plan to mandate rooftop solar panels on most new single-family homes built in the state. The California Energy Commission’s action is expected to add on average about $9,500 to the cost of building new houses. The solar mandate, which goes into effect in 2020, received the support of home builder and solar trade associations as well as several large
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Purchasing a home s a major milestone that on many people’s to-do-lists. You can take control of your home-buying process by understanding what it takes to purchase a home and what you should be asking. Buying a home can be exciting but, it also can lead to some regret home-buying mistakes and with the housing prices gong up the added stress can confuse the process. Let’s look at some ways to prepare yourself of your
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