At this year’s Success Camp, a conference for Homes for Heroes affiliate members, our keynote speaker was J.R. Martinez, who inspired us with his message of survival and resilience. At the end of his speech, we and the Homes for Heroes Foundation, surprised him with a grant of $10,000 for the No Barriers Warriors Program. No Barriers is close to Martinez’s heart for its work with differently-abled people.
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“No Barriers Warriors Program Receives $10,000 Grant”
At this year’s Success Camp, a conference for Homes for Heroes affiliates, our Homes for Heroes Foundation unveiled a couple of grants for organizations that serve our heroes. Cover My 6, who helps veterans with a wide variety of services, was the recipient of one of the grants. Jay Flynn, our outreach coordinator presented the check to Ben Fox, president of Cover My 6.
Your VA loan statement of service letter is vital to starting the VA loan process if you are an active service member, a reservist or a member of the National Guard. It is literally one of the first documents you need to put together, and it’s not always easy. It can take some work on your part and the availability of your commanding officer to get this thing done. Fortunately, there are some shortcuts.
In the battle of the conventional vs VA loan, the VA loan guarantee is a contender. It’s not always the best choice because it has requirements that might hem you in, but in terms of saving you money up front and over the long term, it’s hard to beat it. If you think the VA will be giving you the loan and private lenders won’t be involved, that’s not the case. The VA loan program isn’t an “either/or” decision. It’s more of a “both/and” process.
It is an honor to present the 2022 Homes for Heroes Affiliate Awards to these amazing affiliate members who went above and beyond in 2022! Thanks to the effort of our network of talented affiliate real estate and mortgage specialists, Homes for Heroes assisted nearly 7,500 heroes in buying or selling a home, and gave back nearly $18 million in Hero Rewards savings!
If you’re looking at an FHA vs VA loan and it is something you’re investigating, one of these two things must be true. Either you are, or were, in the military and may be eligible for the VA loan. Otherwise, the VA loan isn’t an option for you. So let’s proceed assuming you are eligible for a VA loan based on your military service, and you are wondering if you should also be looking at the FHA loan.
Read More “FHA vs VA Loan | Pros and Cons Plus Savings Opportunity”
The VA loan PMI benefit is one of the money-saving advantages of working with the VA loan system on your mortgage. PMI is private mortgage insurance, and new home buyers often need to pay this on a monthly basis. With the VA, you don’t. It might not look like much at first compared to the “no down payment” part of the VA’s benefit, but it can add up to thousands of dollars in savings over the life of your loan.
Read More “VA Loan PMI | Do VA Loans Require Mortgage Insurance?”
The simple answer to “are there VA loan down payment requirements?” is no. But as is often the case in life, the simple answer isn’t always the right one…or the best one. Sometimes you might want to pay the down payment, and sometimes you must make a down payment, when going through the VA loan guarantee program. There are also a couple of reasons where you could make a down payment on your VA mortgage that don’t make any sense. Let’s sort these options out.
Read More “VA Loan Down Payment Requirements | Do You Need to Pay One?”
Welcome to the Housing Market Trends March 2024 monthly update from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the experts and boil down what they have to say to assist you, our heroes, with decision making regarding buying a home, selling your home, or refinancing your mortgage.
Read More “Housing Market Trends March 2024 | Residential Snapshot”
Getting physician mortgage loans may seem counterintuitive, unless you are a new doctor, surviving residency, saddled with student loans and strapped for time. In that case, you may need help every step of the way. If you are further along in your career, you may be looking to move to a bigger house or a new neighborhood or even refinance your current mortgage. There’s help out there for you, too.
Read More “Physician Mortgage Loans | How to Save on Mortgage Loans for Doctors”
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