Key Takeaways A VA construction loan may help you build your dream home, but the process can be complex. It might be difficult to find a lender that offers VA construction loans, so it’s wise to do your research and have a backup plan. If you aren’t able to obtain a VA construction loan, there
Key Takeaways Homebuilders may partner with preferred lenders to offer competitive mortgage rates, closing cost credits, sales price reductions or other incentives. A builder’s incentives may be offset by higher fees and interest rates from the preferred lender, which can make the deal less attractive. You’re not required to use your builder’s preferred lender, so
Fannie Mae has announced an update to its HomeReady mortgage product that could save certain borrowers thousands of dollars on upfront homebuying costs – but this offer is only available for a limited time. In a lender letter issued Wednesday, the mortgage giant unveiled a temporary $2,500 credit for low-income homebuyers that can be used