Why Home Loans Take so Long to Close

You May Wonder Why Home Loans Take so Long to Close. The time between with you get your offer accepted and the day you finally get your keys can seem like it takes forever. You may be wondering …

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Asking For a Friend (Episode 1) Chad Kennedy Inter...

Episode One The Chad Kennedy Interview (Military Home Buyers) In the first episode of “Asking For a Friend” I interview Chad Kennedy of the Freedom Real Estate Group at Keller Williams in Spokane, Washington. Chad Specializes in helping …

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VA Loan Benefits

The Benefits of a VA Loan A VA Loan is backed by the U.S. Department of Veterans Affairs (VA), meaning the VA guarantees the loan if you are unable to pay it off, which reduces the risk to the lender. While these loans have many benefits, there are several features that set them apart from other loan programs. No Down Payment. VA loans can be100% financed, meaning you don’t have to save up for a down payment. Keep in mind, paying a small amount for a down payment will save you money in the long run. Affordable Closing Costs. With traditional loan programs, you could pay anywhere from 2% to 5% of the home’s purchase price on closing costs. With a VA loan, there is a limit on the amount you can be charged for closing costs, which provides an added money­saving benefit to the borrower. No Mortgage Insurance If you put less than 20% down on a traditional mortgage, you’ll typically be required to pay mortgage insurance, which gets added to your monthly mortgage payment. VA loans save you money by not requiring mortgage insurance. Find Out If You Qualify For a VA Loan …

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