What Are The Major Types Of VA Loans? Major Veterans Affairs loan programs described in this video include: 1) Purchase Loans – these help eligible parties buy a home at competitive interest rates with little to no down payment and little or no private...
What Is A Certificate of Eligibility, or COE? The COE is the key document that verifies to lenders that someone is eligible for a VA-backed loan. Servicemembers, Veterans, National Guard, and Reserve members may apply online or through their lender; most...
What Are VA Loans? As the video says, the name is misleading – they’re not loans FROM the VA. The VA – short for “US Department of Veterans Affairs” – is the Federal military veteran benefit system. They administer benefits and services for...
Equity is the value YOU own in a property, such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current market. The example this video shows – you have a house worth $300,000 today, and you owe the bank $200,000....
As the video says – real estate agents aren’t paid by the hour! They’re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers, and another represents the buyers, the commission is typically...
