The history of asbestos use has left a legacy of illness in hundreds of thousands of American families. It has been called one of the largest man-made epidemics in U.S. history. Sadly, it was preventable. They Knew The connection between serious respiratory diseases and asbestos exposure became known in the 1930s, when doctors began warning factory owners, mine owners and asbestos manufacturers of its dangers. Despite warnings from medical professionals, business owners continued to expose … [Read more...]
Low cost home loans for American Heroes
Buying or refinancing a home can be costly. The bulk of those costs are derived from closing costs, which can range anywhere from 2% to 4% of the loan amount. With our Homes for Heroes Program those fees are eliminated. But what if you didn’t have to pay some of those costs? Specifically, the fees associated with originating your loan. Mortgages for America has created our new Home for Heroes Program to provide low-to-no-cost home loans to Military Service members and Veterans, … [Read more...]
VA Benefits For Mesothelioma
Former service members of the U.S. Armed Forces who developed mesothelioma or another asbestos-related disease may be eligible for veterans benefits and health care through the VA. As of 2020, VA disability compensation starts at $3,106.04 and may increase if the veteran has dependent family members. VA-accredited attorneys and Claims Agents specialize in helping veterans file for VA benefits. VA Benefits for Veterans With Asbestos-Related Diseases Veterans diagnosed with an … [Read more...]
Coronavirus and VA loans: Everything you need to know
One thing’s for certain, we’re in uncharted waters. COVID-19 (Coronavirus) continues to disrupt our daily lives, and the mortgage industry is no different. For starters, the VA continues to back home loans during the outbreak and is working hard to maintain a “business-as-usual” relationship with lenders for both purchases and refinances. That said, thousands of companies are encouraging (if not requiring) employees to work from home, or worse yet, being forced to layoff staff, to stop … [Read more...]
Important VA loan changes for 2020
VA loans have always been a powerful borrowing tool, but they have been supercharged with these important VA loan changes for 2020. For starters, the VA no longer places limits on the size of the VA loan for qualified borrowers under a new rule that kicked in on Jan. 1. However, keep in mind that individual lenders may impose their own limits. This is good news for a number of reasons, mainly because VA borrowers now have access to homes that are more expensive. VA loan changes For the … [Read more...]
The Two Biggest VA Loan Myths Debunked
Many homebuyers have a less-than-ideal picture of what the home buying and mortgage approval processes look like. There are many misconceptions when it comes to buying a home, such as the home loan myths that you need 20 percent down or people with poor credit don’t qualify. When it comes to VA loans, the two biggest myths right now seem to be that the VA loan benefits expire and the process takes longer due to government bureaucracy. Both of these are untrue. Let’s take a look: Myth #1: VA … [Read more...]
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