The surge in lending for mortgages backed by the Department of Veterans Affairs came after rates dropped to a record low in the closing days of 2020.
Some lenders offer mortgages for doctors and dentists that allow higher debts such as student loans.
The number of days it took to close mortgages backed by the VA dropped to a 10-month low in July, led by a faster time frame for refinancings, according to a report from ICE Mortgage Technology.
Despite what you might have heard, a 20% down payment isn’t necessary to buy a house. What can you do to improve your chances of buying a home with little (or even no) down payment?
Are you hoping to buy a home in today’s red-hot market? Here are five strategies that can help.
