What is a form DD 214 and what is its importance in getting a VA mortgage? More and more Veterans are considering the possibility of using a VA-backed loan to buy a home. And why not? The VA mortgage is considered by many experts to be the best mortgage product existent today. It offers 100 […]
A Step-by-Step Guide to Investing in Vacation Rental Properties
More people are looking into the profit potential of investing in vacation rental properties, thanks to the advent of real estate economy sharing platforms such as HomeAway and AirBnB. And why not? Aside from being a passive source of income, they can also use it for themselves and take advantage of real estate returns when […]
Ginnie Mae Sets Waiting Period for Refinances
On an official announcement last Thursday, Ginnie Mae set a mandatory waiting period of seven months before VA mortgage holders will be allowed to refinance. The move is the corporation’s retaliation to lenders who are in the abusive practice of churning. Per the announcement, VA Streamline and Cash-out Refinances in pools of mainline securities will […]