Are you asking yourself what the difference is between Temecula and Murrieta real estate? Temecula and Murrieta are both in the southwestern corner of Riverside County. Veterans and non-Veterans are drawn to the area because it is a remarkably affordable place to live and very family-friendly. Both cities share a number of attractive, positive similarities, and they each ranked very well in a recent Wallethub survey. Wallethub compared 254 cities… Read More
Other Than Honorable Discharge – OTH VA Home Loan
In order to be eligible for a VA home loan, you’ll need to meet the VA’s service requirements. On top of your length of service, the nature of your discharge is one of the main factors when it comes to determining your eligibility. According to the VA, a Veteran’s discharge must be under “other than dishonorable conditions” in order to qualify for home loan benefits. Still, there are some situations… Read More
First Time Home Buyer: Overcoming Common Fears
It is very common for a first time home buyer to experience certain fears. These feelings are understandable: buying a home is a big step, and it can be a complicated process. We asked home buyers who purchased a home in the last five years to describe their most significant worries before buying their first home. We also asked them how they overcame these fears, and if they could provide… Read More
Chapter 11: Factory Direct Homes!
Modular and Manufactured Homes for VA Buyers Manufactured homes are often called mobile homes, and they can be referred to with regard to their size as a “single-wide” or “double-wide.” You’ve probably seen one on a huge flatbed truck being transported on the freeway. The double-wide would take two trucks because it’s twice as big! To obtain a real estate loan to purchase a manufactured home, they have to be… Read More
Industry Interview: How to Be Financially Prepared Before Buying a Home with a VA Home Loan
Let’s face it: buying a house is a big decision. For most people, including many Veterans, it’s the biggest financial choice they’ll make in their entire lives. This decision can also be one of the most rewarding when done right, and that means getting financially — and mentally — prepared for it. As part of our commitment toward educating Veterans about the VA home loan process, we reached out… Read More
Does GI Bill Count as Income for Mortgage
Whether you’re looking to pursue a new career path or just pick up a new skill, the GI Bill is an invaluable tool for Veterans of all backgrounds. Since 1944, the GI Bill has helped millions of Veterans pursue trade school and higher education while fueling American economic prosperity for the long term. The updated Post 9/11 GI Bill, rolled out in 2009, expanded the benefits to include a… Read More
How to Determine How Much House You Can Afford
Are you a first-time homebuyer wondering how to determine how much house you can afford? Trying to figure out how much you should spend on a home and just how much you can actually afford on a mortgage can be overwhelming. Figuring out these things does not have to be nerve-wracking if you know who to turn to! Keep reading to learn more about assessing your finances and preparing to… Read More
Mortgage Rate Calculator: Getting the Most Out of This Important Tool
Knowing how to use a mortgage rate calculator is tremendously helpful for first time home buyers. A mortgage rate calculator is useful for getting an estimate of your monthly mortgage payment and seeing what part of your monthly payments will go toward interest, taxes, and homeowner’s insurance. In this guide, we will walk you through the different steps that allow you to calculate your mortgage. How to Use a… Read More
Overcoming Seller’s Bias: Strategies to Help Veterans Buy Homes
Buying a home is a journey. For most people, home represents safety. It’s easy to get caught up in the dream of a life in a home you recently toured. Too often, though, sellers are unwilling to accept VA loan offers. Veterans find their offer for the home of their dreams rejected. Like it or not, certain biases against VA loan offers exist. In this blog, we will cover… Read More
Things You Need to Do After Buying Your First Home
If you just purchased your very first home, you will appreciate this list of essential steps for first time home buyers to tackle immediately after closing. You are probably eager to begin unpacking boxes and to arrange furniture, settling into and enjoying your new space. To get settled, there are several things you must do to stay organized and safe and to keep your new house in excellent condition…. Read More
