Entries from August 2011 ↓

$5000 Grants For First-Time Military Buyers

Filed Under: Real Estate Issues | No Comments »

Active duty personnel, veterans, retired members of the military, and employees of the US Department of Defense and the Department of Homeland Security are eligible to apply for up to $5000 in down payment and closing costs in the purchase of a first home.  More information is at www.PentagonFoundations.org and click on the “Dream Makers” […]

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The VA Way to Home Finance

Filed Under: Financing Issues | 3 Comments »

Picture a mortgage program that seems to defy many of the lessons of the housing bust: • 91 percent of its borrowers make zero down payments. • Loan amounts go well into the jumbo range, to $1 million and sometimes above, even with little or nothing down. • Credit standards are flexible and generous. Underwriting […]

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