If you’re interested in buying a condo with a VA loan, you’ve probably heard mixed things about whether it’s possible to do so. The short answer to whether buying a condo with a VA loan is possible is yes — but there are some caveats. Most veterans and their families…
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What is the VA Condo Approval Process?
If you’re a veteran or member of a veteran’s family and you’re shopping for a condo, you may have come across some confusing information about whether you can use a VA loan to get a condo. Generally, most who qualify use their low-interest VA loan to secure a single-family home. …
What Are the Pros and Cons of Living in a Condo or Townhome?
The fundamental contrast between living in a townhouse or a condo is space and common elements. Townhomes typically have more rooms. They frequently incorporate yards that provide additional outdoor space for you and your pets. Here are details in regard to the differences. 1. You’ll Experience More Community in Condo…
FHA mortgage insurance premiums
The FHA Mortgage Insurance premium will be reduced from 0.85 percent to 0.55 percent for most homebuyers seeking an FHA-insured mortgage, which could mean an estimated savings of $678 million for American families in aggregate by the end of 2023 alone. For details, please read the Department of Housing and Urban Development…
Buy a Second Home: A Minneapolis Urban Condo
A life of suburban living and commuting to the city opens up a world of possibilities — but it also can be exhausting. Rather than facing the traffic, you can streamline your personal and professional life by investing in a second home, an urban cabin in the city. Minneapolis urban…
Are You Looking for Ways to Save for a Down Payment on a New Home?
A question for some homebuyers is… How can I save up enough money for a down payment on a condo or a home? For those who don’t have access to family wealth or are having trouble scraping together the funds, side jobs can be an invaluable source of income. Here…