Buying a Home? You Should Know These 3 Government-Backed Loan Options
Apex Home Loans » VA Loans
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2y ago
One of the first things you may learn when buying a home and considering your financing options, is that there are two distinct types of loans. The first is a conventional loan, or one which is a loan meeting the guidelines of Fannie Mae or Freddie Mac which are Government Sponsored Enterprises (“GSEs”), or conventional loans meeting the guidelines of private investors. The second type is a government loan which is either guaranteed or insured by a federal entity which are the Department of Housing and Urban Development, The Department of Veteran's Affairs, or the Rural Housing Service/USDA ..read more
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Low Down Payment Home Loan Options
Apex Home Loans » VA Loans
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2y ago
It is a commonly held belief that you need a large amount of cash on hand to buy a home. While the traditional 20% down payment conventional loan provides some great incentives, it is often very difficult to save that much cash in a reasonable time frame, even if you can afford the monthly mortgage payments for the home you want. In this blog, you’ll find information on a variety of low and even 0% down payment mortgage options ..read more
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First-Time Homebuyer? Have You Considered a Condo?
Apex Home Loans » VA Loans
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2y ago
The current real estate market is low supply with high buyer demand. Being a first-time homebuyer looking for a home, it may be worth considering a condo.  ..read more
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4 Mistakes to Avoid When Applying for a Home Loan
Apex Home Loans » VA Loans
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2y ago
The home loan process can seem like a scary task, especially if you are a first-time homebuyer. Apex Home Loans is here to guide you in the right direction and ensure a smooth homebuying process.  ..read more
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The Basics & Benefits of VA Loans
Apex Home Loans » VA Loans
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2y ago
For veterans and active-duty military who qualify, a VA home loan is usually the best option to finance the purchase of a home. In this blog, we’ll go over the benefits of a VA loan compared to other types of mortgages ..read more
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Top 5 Misconceptions About VA loans
Apex Home Loans » VA Loans
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2y ago
The ability to use a VA loan to purchase a home is a much-deserved benefit. However, with all of the different guidelines and moving parts of a loan, it can get confusing. You may not fully understand what benefits are actually a part of this government-backed program or how you can take advantage of them. With that in mind, we bring to light five common misconceptions about VA loans below in hopes that Veterans and Servicemembers know how they can best use their due benefit ..read more
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