VA Loan Increase

Did you know that the VA has increased the limit on the VA loan to $417000? This should come in handy - if you’re buying in a higher priced area, are moving up or retiring….

Protecting Military Families From Loan Sharks

The Military Lending Act has been established to combat abusive lending practices, aimed at Military Families. It places specific requirements and limitations on loans to service members and their families.
It focuses mainly on three consumer credit products: payday loans, vehicle title loans and tax refund anticipation loans.  For these three products, the Military Annual Percentage [...]

IRS Issues Scam Alert

According to Military.com, the IRS has issued a spam alert warning tax payers of e-mail and telephone scams that use the IRS as a lure. The IRS expects this to continue throughout tax season.
The IRS cautions taxpayers to be on the lookout for scams involved advanced payment checks. The goal of this scam is to [...]

Real Estate Insider on Credit Rating

What is your credit rating? It’s a history of how well you manage your money - and pay your bills. Anytime you apply for a store or ‘regular’ credit card, purchase a car or home, or finance something via a loan, home equity line or 2nd mortgage, a new ‘line’ is created in your credit [...]

Financing with a VA Loan?

If you are in qualified, you can purchase a home and finance it with a VA Loan. Is that a benefit to you? Do you want to use that type of loan? Just as with any loan product – it’ll be up to you to decide if the benefits outweigh the negatives.
One of the benefits [...]