During a somewhat uncertain time, we are all looking to make careful choices to protect our families and our health. Many of us are also carefully reviewing our budgets to cut excess expenses to keep our financial health in shape. If you are a veteran considering whether to refinance your home mortgage, take a look at the resources below to help guide this choice.
Do your research to learn more about different types of loans, eligibility requirements and what you should look for when searching for the right mortgage lender for your needs.
You should know a little about the process and how it works, both to decide if a home appraisal is in your best interest and to take any possible steps to influence the final appraisal number.
Key takeaways include: Pay your bills on time, pay down your credit card balances to keep your credit utilization ratio low, and don't close old credit card accounts or apply for too many new ones.
Available to eligible veterans with key advantages such as: No down payment or mortgage insurance required and no pre-payment penalty for paying off a loan early.