mortgage guide

  Being a servicemember often means putting parts of your life on hold to serve the American people. At times, it means juggling military responsibilities on top of your expenses and home life or struggling to get back into the workforce after service. There are numerous benefits available to veterans to help them with their struggles, such as disability compensation, pensions, education programs, etc. Even then, it is quite unfortunate to know that many veterans come home without ever knowing their options. Naturally, these heroes never get to use their benefits. Whether you are a millennial or an old veteran, you need to read this if you hope to use your veteran benefits and save time and money. These benefits include more than what a VA loan broker   can offer you. 1.  Retirement Savings Retirement savings were only applicable to veterans who have served for 20 years, but as of January 1, 2018, the retirement program has become much more attractive for people who have ...

  Affordable refinance programs give homeowners opportunities to lower their monthly mortgage payments, reduce interest rates, and improve overall financial satisfaction. A Home Affordable Refinance Program  (HARP) is especially beneficial for those who may be struggling with high mortgage rates or have little equity in their homes. Here’s an overview of some of the most prominent affordable refinance options available today. Home Affordable Refinance Program It was established during the housing crisis to assist homeowners who were underwater on their mortgages—meaning they owed more than their homes were worth. HARP allows eligible borrowers to refinance their loans without the usual constraints of equity requirements. Key features include: ●  No Maximum Loan-to-Value (LTV) Ratio Homeowners can refinance even if they owe more than their home’s current value. ●  No Appraisal Required In many cases, an appraisal is not necessary, simplifying the refinancing process. ...