133 search results for renovation loans

New Change to Mortgage Fee Structure Article

The Loan Level Price Adjustment (LLPA) fee structure has been updated recently and is now in effect for all loans purchases on or after May 1, 2023. You may have heard about it in the news. What is a Loan Level Price Adjustment?  According...

Manage Your Credit Score Health this Holiday Season Article

Manage Your Credit Score Health this Holiday Season‘Tis the season to shop til you drop! With blow out deals and gifts galore, you might be tempted to put it all on the credit card this holiday season.But before you swipe and land yourself on t...

Conventional vs. FHA: Which mortgage is right for you? Article

Conventional vs. FHA: Which mortgage is right for you?If you’re a first-time homebuyer, all the mortgage lingo and terminology can be difficult to decipher. Even if you’re not a first-time buyer, it can still seem like your lender is spea...

Master Your Credit Score Article

Master Your Credit ScoreYou may not know the ins and outs of what makes up your credit score, but you probably know that your credit score is extremely important.Not only can you be denied a home loan if your score is too low, but poor credit could a...

Need to Establish Good Credit? Here’s How Article

Need to Establish Good Credit? Here’s HowIt’s March, which means it’s credit education month! While most of us know what a credit score is, a lot of consumers do not fully understand what factors impact your credit score. Credit sco...

Don't Let These Homebuying Fears Haunt You Article

Don't Let These Homebuying Fears Haunt YouAre home buying nightmares stopping you from purchasing a home? If so, then we have good news for you. Most first-time homebuyer fears are unfounded and completely avoidable with the guidance of a trusted...

Top Questions You Need Answered Before Buying a Home Article

Buying a home is a huge milestone, and it is important to educate yourself about the process of buying a home before you dive in headfirst. After all, this is likely the largest investment that you will ever make, not to mention the place you will co...

What are Points and Should You Pay Them? Article

What are Points and Should You Pay Them?Mortgage points, also known as points or discount points, are optional fees that you pay to the lender to lower the interest rate on your loan. While you will pay more upfront with points, you will pay les...

Thinking of Buying a Home this Year? Avoid These Common Mistakes Article

Thinking of Buying a Home this Year? Avoid These Common MistakesShopping for homes before getting pre-approval.  This is a common mistake when it comes to the homebuying process. Many first-time buyers make the mistake of shopping around and to...

Common VA Loan Myths Debunked Article

Common VA Loan Myths DebunkedThe VA Home Loan helps military families achieve the dream of homeownership and is considered one of the strongest VA benefits available. Unfortunately, there are a lot of rumors or misconceptions that may be stopping mil...

Get to know the Mobile App during Social Distancing Article

Get to know the Mobile App during Social DistancingIf you’re in the process of purchasing or refinancing your home, you’re probably asking yourself this question: How can I practice social distancing and still accomplish my homebuying goa...

Tax Benefits of Homeownership Article

Tax Benefits of HomeownershipThe current tax code provides a number of benefits to people who own their own home.Here are a few of the benefits-Mortgage Interest Deduction If you plan to itemize your deduction, you can reduce your taxable income by...

Smooth Sailing with the Mortgage Mobile App Article

Smooth Sailing with the Mortgage Mobile AppIts no secret that apps have changed the way we complete everyday tasks; how we communicate with each other, how we work and how we play.Our Mobile Mortgage App has changed the way our customers experience t...

Grant Options for Every Buyer Article

Looking to purchase a home but need a little help with your down payment or closing costs? Depending on your income, location, occupation or ownership status, you could qualify for grant money.Virginia Housing (VH)Virginia Housing offers grants, as w...

Here's How to Qualify for a Mortgage Article

Here's How to Qualify for a MortgageWhether you're looking to buy in two months or two years, it's never too early to start preparing for the mortgage process. But it's hard to prepare when you don't know what qualifications are n...

The Not So Sunny Side of Solar Panels Article

Have you recently been approached by a sales agent for solar panels? Many solar specialists are unaware that there’s a potential correlation between solar panels and your home’s existing mortgage. You’ll want to make sure you’...

How Accurate are Mortgage Calculators? Article

Buying a home is a significant financial decision, and accurately estimating mortgage payments is crucial to ensuring affordability and financial stability. Mortgage calculators have become an essential tool in this process, offering a quick and conv...

Credit Monitoring Sites: Are They Accurate? Article

Credit Monitoring Sites: Are They Accurate?While credit isn’t always the most exciting topic to talk about, it’s important to understand where you stand with your credit history. After all, your credit has a huge impact on your financial ...

Employee Spotlight: Debi Honeycutt Article

For our next Employee Spotlight, we had the pleasure of sitting down with Debi Honeycutt. Debi has an infectiously positive, larger than life persona. Her positive mentality helps to instill confidence in her coworkers, and borrowers, and inspires th...

Don't Fall Victim to These Scary Homebuying Mistakes Article

Don't Fall Victim to These Scary Homebuying MistakesBuying a home doesn't have to be a scary process as long as you choose a trusted local lender, listen to the guidance and advice of your loan officer, and avoid these common homebuying ...