Are You a Veteran? What to Know About VA Loans

Are You a Veteran? What to Know About VA Loans

VA Loans are no-down payment loans that have helped more than 22 million service members become homeowners since 1944. They’re called VA Loans after the Department of Veterans Affairs, which introduced them in 1944 as part of the GI Bill. Through the first half of...
Your Complete Mortgage Glossary

Your Complete Mortgage Glossary

Looking to buy a home and wondering what all this crazy lingo is about? Here’s the scoop on what these words and acronyms are trying to convey in our Complete Mortgage Glossary: (You might want to bookmark this page.) Adjustable Rate Mortgages or “ARMs”: These...
What is a Mortgage Credit Certificate (MCC)?

What is a Mortgage Credit Certificate (MCC)?

Mortgage Credit Certificate Program for  first time homebuyers survives the new tax reform! A Mortgage Credit Certificate gives qualified home buyers a dollar for dollar tax credit for part of the mortgage interest paid each year.  It directly reduces a homeowner’s...