The VA Loan program was established in 1944, as part of the Servicemen’s Readjustment Act, to help American veterans obtain home loans where private financing may not be available. VA mortgages are partially guaranteed by the U.S. Department of Veterans Affairs (VA). This guarantee makes it possible for Veterans to receive very favorable loan terms … Continue reading VA Loans
We offer refinancing of all mortgage types: Conventional, Conventional Texas Cash-out, FHA, FHA Streamline, VA, VA IRRL, VA Cash Out, Jumbo, Jumbo Cash-out. Contact MBA Mortgage for a quick refinance quote. The process is simple and usually only takes about 5 minutes over the phone. We will have you an estimate that day even.
Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes, and usually require a higher down payment than traditional loans. Loan amounts above … Continue reading Jumbo Loans
If you are looking for a home loan, considering a conventional loan is a great place to start. As America recovers from it’s economic turmoil, equity is slowly returning to the average homeowner. You might want to again consider a conventional loan as your vehicle of choice to the American Dream. Definition A conventional mortgage … Continue reading Conventional Loans