COVID-19, the Federal Reserve cuts rates, and Rate locks now good for 60 days. A lot is going on in the housing market and the country as a whole. Let's dive in, and see how this could affect you and your mortgage.
Dear Benchmark Clients, Partners, Vendors and Staff: As our nation and the world continues to deal with the issue of the coronavirus, it is important that we provide you information regarding steps Benchmark is and will take to protect our collective health and mortgage operations. The measures described below are in place or being enacted; …
Buying a home is one of the biggest financial decisions and commitments many will make. Unfortunately, there are several outdated and false ideas surrounding the home buying process and what exactly is needed to qualify for, and purchase a home in 2020. In this list, we are breaking down five of the most common home …
Effective on January 1st 2020, there will be several changes to the VA loan program. The VA loan is a mortgage loan program that provides many great benefits for veterans and their families. With the passing of the Blue Water Navy Vietnam Veterans Act of 2019, several changes are coming that every veteran considering applying …
Effective on January 1st 2020, there will be several changes to the VA loan program. The VA loan is a mortgage loan program that provides many great benefits for veterans and their families. With the passing of the Blue Water Navy Vietnam Veterans Act of 2019, several changes are coming that every veteran considering applying …
The post New VA Loan Changes start on January 1st, 2020 appeared first on The Veterans Home Front.
When buying a custom home, consider a One Time Close to simplify the buying process.
Use the equity in your home to consolidate debt or pay for a repair or renovation with a Cash Out Refinance loan.
An IRRRL, or Interest Rate Reduction Refinancing Loan, is a quick VA refinance option with fewer qualifications and less paperwork than other refinance loan options. It’s meant to be a quick and non-complicated refinance option for qualified VA homeowners, and there is no appraisal requirement. Read more
If you are looking for your first, or next, home, you will likely tour several before finding "the one." Before you let yourself be swept off your feet, stay grounded and take a closer look. While you will want to get a professional inspection, it's a good idea to get a good idea on your own. Doing so may save the cost of a professional, if significant issues are discovered, or if the home needs more work than you are willing to take on.
In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.
