While interviewing with Matt Lauer on February 2, 2009, President Barack Obama said U.S. Troops would start to be withdrawn from Iraq within a year.  The President said that the United States can now start giving more responsibility to the Iraqis, and that a more clearly defined withdrawal plan would follow in the coming days.  [...]

Written by Isaac F. Davis   VA and FHA loans are terrific, federal-backed mortgage programs for those who qualify. When considering mortgage options, one should look closely at the benefits of each of these programs. There are differences between military and FHA mortgages.  Qualifying requirements, down payments and fees can all vary between the two [...]

Written by Isaac F. Davis   Interest rates are at historic lows for the first part of 2009, and now may be a great time for many homeowners to refinance. VA’s Streamline Refinance Program can be easier and speedier compared to conventional loans.   Falling mortgage interest rates have compelled many homeowners to research refinancing [...]

VA home loans are an entitlement to those VA-eligible borrowers who qualify.  VA Loans, or veterans’ mortgages, are made by lenders like banks and mortgage companies and a portion of each loan is guaranteed by the U.S. Department of Veterans Affairs.  The VA Loan Guaranty Program wasn’t always in existence.  Discovering how VA Loans came [...]

No down payment, up to 100% financing, no PMI — these are probably the most popular of all the VA loan benefits. But, another benefit to getting a veteran’s mortgage is the “no penalty for prepayment” feature is standard with every VA loan.  This can save borrowers significant amounts of money.   Prepayment Penalty Mortgages [...]

Why should a VA-eligible borrower be concerned with where his or her VA home loan comes from? Understanding VA Loan Guaranty Program, where the money comes from and how to get a VA mortgage can help eligible veterans get the most from their VA home loan benefits.   The benefits associated with a VA home [...]