If you are transferring to the Kings Bay Georgia Naval Submarine base, more than likely you will need a lender to buy a home.
VA mortgages provide military homebuyers with 100% financing to buy a home. The veterans administration doesn't provide the loan, they only guarantee it. The VA approved lender decides what the interest rate will be, how many points you will pay,etc.
There are numerous options when deciding on a rate. You may choose a fixed rate for 15 or 30 years, or an adjustable rate mortgage where the rate can fluctuate up or down. The rate on a fixed rate mortgage remains the same for the term of the loan. Adjustable rates are fixed for only specific terms such as 1, 3, 5 and 7 years. If you only plan to live in the property for a short period of time, this may be your best option. However, if you want the security of your payment remaining the same and you are unsure of how long you will live in the property, a fixed rate could be your best choice.
It is very simple to apply or pre-qualify for a mortgage online. Many lenders have a website with the tools provided to you at no cost to get pre-approved for a mortgage, or actually begin the process online. It is very simple to apply online! Just be sure that you will be able to provide the lender with documentation to validate your employment and assets that you stated when filling out the online application. Online applications generally take from 15 to 20 minutes to complete. To apply online, visit my website at www.thebestmortgageguy.com
Glenn Keller is a Kingsland Georgia Mortgage professional specializing in various types of home mortgages. Glenn Keller has many years of experience in conventional, VA and FHA mortgage loan programs. This information is deemed to be useful for homebuyers wishing to obtain mortgage financing. The views are the opinion of the author. Visit our website at http://www.thebestmortgageguy.com
Refinancing your home equity loan is an excellent way to... Read More
More and more of use are signing up for limited... Read More
If you are thinking of purchasing a new home soon... Read More
Loans are not of a recent origin. People used to... Read More
How do you know if a reverse mortgage is right... Read More
Online mortgage companies make refinancing convenient and competitive. By researching... Read More
Whether you are looking to purchase your first home, sell... Read More
If you have home improvements that you'd like to see... Read More
Buying a home is usually the largest purchase any of... Read More
With mortgage rates continuing on a downward trend, the competition... Read More
Mortgages are easy as long as you understand them well.... Read More
Have you ever asked yourself how much home loan can... Read More
Most consumers are aware that a history of paying bills... Read More
As your home appreciates in value, you gain equity. You... Read More
In many ways a commercial mortgage is just like a... Read More
Here is a useful guide to interest only mortgages. An... Read More
Are you one of the millions of Americans who will... Read More
Here is a useful guide to the different types of... Read More
Listed below is a guide to mortgage terms. It is... Read More
Looking for home mortgage loans can get confusing with the... Read More
While most multi family properties are designed to allow the... Read More
The financial stories remain similar over the months and the... Read More
Are you excited about purchasing your first home? Or maybe... Read More
Home equity loans and home equity lines of credit continue... Read More
We live in a society where people are losing their... Read More
There has been so much fraud discovered in the FHA... Read More
A house is just that, a house, until someone lives... Read More
An adjustable rate loan, most simply stated, means that your... Read More
You can buy a home with a bad credit record;... Read More
If you in the process of looking for your first... Read More
Sometimes so much is talked about how to solve the... Read More
Closing on a property is a very challenging time for... Read More
You've found the home that is right for you, and... Read More
"I've been renting for years now; I've always paid my... Read More
Adjustable rate mortgages can be very tempting to home buyers,... Read More
If bulls and the bears of the stock market have... Read More
Sub prime lenders come in two groups: reasonable and unreasonable.... Read More
So you have a mortgage on your home or planning... Read More
Buying a home with bad credit doesn't have to stop... Read More
Refinance NOW-before it's too lateIf you haven't found the time... Read More
About 29% of current homeowners and a much larger percent... Read More
First time home owners are sometimes surprised at the complexity... Read More
There has been so much fraud discovered in the FHA... Read More
Just as there are many types of mortgages and mortgage... Read More
Filing bankruptcy is a stressful time in a person's life.... Read More
Man has been known for continually simplifying things in his... Read More
You can maximize your savings by shopping for a lender... Read More
Recently I was driving in my Car and I heard... Read More
To find the cheapest home improvement loan that you can,... Read More
Sometimes so much is talked about how to solve the... Read More
1. Never discuss your household finances over the phone with... Read More
If you as an investor understand the process, you will... Read More
A few notes of importance: This only applies to... Read More
A house is just perfect with chipped walls and broken... Read More
One of the biggest reasons homeowners refinance their mortgage is... Read More
Home prices in the Untied States continue to soar, and... Read More
Fixed Rate Mortgages: These loans have a fixed rate of... Read More
Using a home equity loan to get out of debt... Read More
If you in the process of looking for your first... Read More
When it comes to getting money, you have two basic... Read More
Refinancing your mortgage is one way to rebuild your credit,... Read More
An Interest Only Mortgage is one where the repayments are... Read More
You're selling your home and are looking to relocate to... Read More
Home equity loans are one of the most common types... Read More
Taking the step for prospective home buyers.into home ownership is... Read More
Perhaps you're a homeowner in need of some quick cash.Maybe... Read More
Mortgage Refinance |