Government subsidized home loans are loans insured or guaranteed by the government. These loans include Veterans Administration home loans (VA Loans), United States Department of Agriculture home loans (USDA Loans), Federal Housing Administration Home Loans (FHA Loans), and United States Department of Housing and Urban Development home loans (HUD Loans). The United States government does […]
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Can I Still Get A VA Home Loan After Foreclosure, Bankruptcy, or Short Sale?
The Short Answer Is Yes! Having prior trouble with finances (bankruptcy, foreclosure, and short sale) are not uncommon these days. Getting into your dream home is still possible when you use the right government home loan program for you. In the article below, we will look at a few of the necessary guidelines when purchasing […]
Read MoreVA Loans Refinaince Provides Stability For San Diego U.S. Military Veterans
Mortgages have been utilized by the Americans whenever they purchase anything from credit accounts to residential properties. These financial initiatives have covered Americans in order to provide them enough time to pay debts in full. Since the 2007-2009 Great Recession, the U.S. housing and real estate industries have been struggling to recover financially. The increasing […]
Read MoreVA Loans Save Military First Time Home Buyers $26,450
VAHLC is conducting a study of interest savings when using a VA loan as opposed to a conventional. Preliminary study results indicate veterans and active duty generally get better interest rates than those who use conventional loans when purchasing a home as a first time buyer. The anticipated savings a military first time home buyer […]
Read MoreAre You Eligible For a $0 Down San Diego VA Loan?
If you are stationed in a military base in California, obtaining a $0 down, VA mortgage will make it easier for you to buy a home. VA home loans are more affordable than conventional mortgages and are actually easier to get approved for! Even borrowers with less-than-perfect credit can apply for a VA loan. A […]
Read MoreFirst Time Home Buyer Tax Credits Are Available When You Get A VA Loan
About 6 months ago, congress sent President Obama a plan to give home buyers an extra time to qualify for up to $8000 in federal tax credits. This relief meant many first time home buyers purchasing new homes, short sales and REO’s could breathe a sigh of relief. Many of the first time home buyers […]
Read MoreGovernment Funds For Home Improvement
The United States government offers special financing and incintives for energy efficient home improvement. As part of the EMERGENCY ECONOMIC STABILIZATION ACT OF 2008 special incentives have been added to the program. The programs include: Tax credits HOME ENERGY EFFICIENCY IMPROVEMENT TAX CREDITS Consumers who purchase and install specific products, such as energy-efficient windows, insulation, […]
Read MoreBad Credit VA Home Loans / Government Mortgage Offers Home Ownership
Often here at VA HLC, we are asked ” What Paperwork Will You Need to Apply For A Home Loan?”. Just a few short years ago (between 1999 and 2006), you did not need much to apply for a VA loan. To apply for a home loan, all you needed was a signature, a verbal […]
Read More$0 Down – Government Guaranteed San Diego VA Loans Are Available!
If you are stationed in a military base in San Diego, California, obtaining a $0 down, VA mortgage will make it easier for you to buy a home. When compared to a conventional mortgage, a VA home loan is easier to qualify for and easier to get approved for. Even borrowers with less-than-perfect credit can […]
Read MoreVA Home Loan Centers Closing Cost Credit
In order to make your VA transaction a true “no money down and no closing cost transaction” you must request credits for closing costs. These credits usually come from the seller, lender, VA, IRS, FTB or real estate agent. In a standard VA finance transaction, the VA borrower may not pay certain closing costs. These […]
Read MoreWill Congress Eliminate the Mortgage Interest Deduction?
The mortgage interest tax deduction is one of the most widely used and expensive tax subsidies. More than 35 million Americans claim it, and the federal government estimates it will cost the Treasury $131 billion in forgone revenue in 2012. It’s also a major factor in a buyers decision to buy a home versus renting. […]
Read MoreIRS has 164.6 Million undelivered refund checks to Taxpayers – Are you one of them?
$164.6 Million is a pretty large number. Who knew that there were unclaimed checks for tax returns? The IRS recently announced that it has approximately $164.4 Million in unclaimed refund checks that are owed to about 111,893 tax payers across the country. According to the IRS the main reasons are that the taxpayer has moved […]
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