home loans Tag

The bill for closing costs is the final hurdle between home buyers and their new homes, and it can represent a surprising chunk of money. Closing fees run between 3% and 6% of the mortgage; that’s around $18,000 to $36,000 on a $600,000 home....

The United State Department of Veterans affairs guarantee a type of loan called VA loans. The VA Home Loan Guaranty program protects mortgage lenders against loss, which allows banks to offer reduced rates. There are many reasons why using a VA loan could be beneficial....