The Blog
Buying a Home with a VA Loan After a Chapter 13 Dismissal
Life doesn’t always go as planned, but that doesn’t necessarily mean homeownership is out of reach. If you’ve had a Chapter 13 bankruptcy dismissed, buying a home with a VA loan is still possible. Let’s walk through what you need to know to move forward with...
Buying a Home with a Guest House or ADU with a VA Loan
Buying a home with a VA loan opens doors to properties you might not otherwise afford. At Mortgage Solutions Financial, we help veterans and service members navigate the unique opportunity of purchasing homes with additional dwelling units. Understanding VA...
Buying Your First House in a Developing Neighborhood
Buying your first house can bring an exhilarating sense of achievement and independence. At Mortgage Solutions Financial, we understand the mix of emotions that come with this significant investment, especially when looking at developing neighborhoods. Below, we’ve...
Can You Use a VA Home Loan to Buy Land and Build Later?
Veterans and active service members often dream of building custom homes on their own land. The VA home loan program offers tremendous benefits for purchasing existing properties. But can you use a VA home loan to buy land and build later? Here’s what you need to...
How to Use Your Tax Refund Toward a Home Purchase
Tax season brings a welcome financial boost for many Americans. This annual windfall presents a perfect opportunity to advance your homeownership goals. Below, we’ve discussed some ways that you can leverage your tax refund for your upcoming home purchase. ...
Can You Use a VA Mortgage Loan to Build a New Home?
VA mortgage loans offer exceptional benefits for purchasing existing properties. However, many military families wonder if these same advantages extend to building a new home from the ground up. Here’s what you need to know. Can You Build a New Home with a VA...
Understanding Escrow and How It Affects Your Home Loan Payments
Many homeowners are surprised by their monthly payment amount after obtaining a home loan. The total often exceeds the principal and interest figures discussed during the application process. This difference typically comes from escrow—a crucial but frequently...
How VA Home Loans Help Veterans Succeed in Competitive Markets
At Mortgage Solutions Financial, we're committed to helping our military heroes achieve their dreams of homeownership. VA home loans offer unique advantages that can give veterans an edge in today's competitive real estate markets. These specialized loans recognize...
How Credit Inquiries Affect Your Mortgage Loan Application
Your credit score plays a crucial role in determining your home loan eligibility and interest rate. However, many homebuyers worry about multiple credit checks hurting their score when they’re shopping around for rates. Below, we’ve provided some information about how...
Overcoming Credit Challenges in a VA Home Purchase
If you’re a veteran or active-duty service member with less-than-perfect credit, you might be wondering if homeownership is still within reach. The good news is that VA loans are designed to be more forgiving than conventional mortgages when it comes to credit...
Calculating Your Ideal Price Range When Buying Your First House
Buying your first house is an exciting milestone, but figuring out how much home you can afford can seem like a challenge. Many first-time buyers focus on the price of the home itself, but there are other financial factors to consider. Understanding your ideal price...
Down Payments for VA Loans vs. Conventional Home Financing Options
One of the biggest challenges for homebuyers is saving for a down payment. While conventional loans often require a significant upfront payment, VA loans offer a unique advantage—no down payment is required. Below, we’ve discussed the matter in detail. VA...
Preparing for Buying Your First Home While You’re Still Renting
Dream of buying a home but still renting? Living in a rental doesn't mean you have to just sit around and twiddle your thumbs while you wait to buy a home. In fact, this period can be the perfect time to lay the groundwork for a successful homeownership experience!...