When shopping for a house, most homebuyers come with a practical checklist in mind. There must be good schools within driving distance. There have to be grocery stores within a few blocks of the place. The kitchen must have high ceilings and big windows. You get the idea. But for all the discussion and planning that goes into planning out your living space and putting together a good color scheme, we often don't talk about how regular homeowners, who aren't secretly dreaming of being … [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...]
USDA Construction Loans: Everything You Need Know
Buying a home has long been the American dream. And the USDA has been helping low- and moderate-income Americans buy homes in rural areas for decades. Now a loan program is helping Americans realize another dream: building their dream home. USDA construction loan We’re proud to announce the launch of www.USDAConstructionLoans.org. This new website is dedicated 100 percent to funding USDA-backed construction loans. These loans are designed for low- and moderate-income Americans to build or … [Read more...]
