The Blog
VA Home Loans for Veterans with Peacetime-Only Service
VA home loans are available to many veterans who served during peacetime only, even though this is one of the most misunderstood parts of VA eligibility. We often hear from veterans who assume they don’t qualify simply because they didn’t serve during a wartime...
Advice for New Home Buyers: What to Do if Your Offer on a Home is Rejected
You found your dream home and made an enthusiastic offer. But then you get a call from your agent notifying you that your offer was rejected. This disappointment stings, but don’t lose hope! Rebuffed offers are common in competitive markets. With the right mindset and...
Buying a Home with a VA Loan: What Is an Escrow Account?
Purchasing your first home is an exciting milestone! As a veteran or military member exploring VA loans, you want the process to go as smoothly as possible. One key aspect to understand is your escrow account – a common requirement for buying a home with a VA loan....
How to Identify Potential Issues in Older Homes as a First-Time Home Buyer
Are you a first-time home buyer who’s thinking about buying an older or historic home? Older homes are appealing for many reasons. Their vintage character and architectural details give them a charming aesthetic not found in many newer properties. What’s more, mature...
Financing Your Dream Home: How Approved VA Home Loan Lenders Can Help
If you're a veteran or active duty military, a VA home loan may help turn your dreams of homeownership into a reality. VA loans offer favorable terms and benefits that are hard to find with conventional mortgages like reduced interest rates, limited closing costs, and...
Buying Your First House & What to Look for in a Home Inspection Report
Buying your first house is an exciting milestone! However, it's also a major financial investment that requires careful consideration. One of the most important steps for first-time homebuyers is obtaining a professional home inspection report. A home inspection...
VA Mortgage Loans and Property Liens: What to Watch Out For
For veterans and active military personnel, VA mortgage loans offer a viable path to affordable homeownership. But before you move forward with purchasing a home, it’s important to understand the concept of property liens and take steps to protect yourself...
What Causes a Home Purchase to Be Delayed or Stalled?
Buying a home is an exhilarating experience filled with anticipation and excitement. However, it can also come with its fair share of challenges. One example is when a closing date is stalled or delayed due to an expected turn of events. In this article, we'll discuss...
Veteran Home Loan Funding Fee Exemptions: Who Qualifies for Waivers?
Are you a veteran or military member who is interested in buying a home with a VA loan? If so, you may have questions about VA loan funding fee exemptions. In this article, we'll delve into the details of veteran home loan funding fees and when exemptions may apply. ...
VA Home Loan Assumptions: Transferring a Loan in a Divorce Situation
Going through a divorce is never easy. On top of the emotional strain, a divorce can bring about various financial challenges. One example is a situation where both parties share a home and a VA home loan is involved. At Mortgage Solutions Financial, we understand...
Tips for Finding Affordable Home Insurance for First-Time Home Buyers
As you venture into the exciting journey of homeownership, one topic that may be on your mind is finding the right home insurance. To help you get started, we’ve compiled these actionable tips and suggestions for first-time home buyers searching for affordable home...
Building an Emergency Fund When Buying Your First House
Imagine this: after months of searching, you finally find the perfect house—the one that fits your vision of a dream home. Excitement fills the air as you envision creating memories and building a future within those walls. But while it’s easy to get wrapped up in the...
FHA Mortgages for First-Time Homebuyers: An Ideal Starting Point
Are you searching for a way to turn your dream of owning a home into a reality? An FHA mortgage could be perfect for you! FHA mortgages are a fantastic option for first-time buyers who are looking to get started with their homeownership journey. Below, we’ve discussed...