Pennsylvania VA Mortgage News

VA Cashout Refinances in Pennsylvania

October 17, 2013 Cash Out Refinance

VA Cashout Refinances in Pennsylvania and the rest of the nation allow Veterans to tap into the equity in their home to consolidate bills, payoff higher rate mortgages or just to obtain cash. The Department of Veterans Affairs has a broader classification of what constitutes a cashout refinance than other types of mortgage financing.  The […]

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VA Mortgages: What are Seller Concessions and how are they different than Seller Paid Closing Costs?

October 3, 2012 Buying a House

Buying a home with a VA Mortgage in Pennsylania and the rest of the nation allows military veterans certain advantages that are not always available with other types of mortgage financing.  Some of these advantages include no down payment requirement, no mortgage insurance and the fact that the seller can pay all of the buyer’s […]

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VA Funding Fees Set to Decrease September 30, 2011

September 13, 2011 Buying a House

Good news for those seeking a VA Mortgage in Pennsylvania and the rest of the nation.  Per the recently passed Public Law 112-026, VA Funding Fees are set to decrease.  The below chart was emailed to me by several of my lenders and it highlights the changes.  Since the VA Funding Fee was typically financed […]

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Buying a 3-4 Unit Property

May 1, 2011 Buying a House

Buying a 3-4 unit property in Pennsylvania is often a great investment.  The buyer obtains a primary residence and has extra units to rent out and collect extra income.  Often this extra rental income ends up covering the mortgage payment and expenses of the property.  This enables the owner to live in the property with […]

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