The Blog
The Impact of the Economy on New Home Buyers
Buying your first home is an exciting event, and while today’s market presents unique challenges, it also offers opportunities for those ready to take the leap. At Mortgage Solutions Financial, we’re dedicated to guiding new home buyers through the process, helping...
Is Now a Good Time to Refinance Your Home?
Is Now a Good Time to Refinance Your Home? When you applied for your home loan, you received an interest rate and loan terms that were standard at that time. As the economy changes and mortgage rates fluctuate, many homeowners look for ways to benefit from those...
Why 2020 Is a Great Year for Buying Your First House
Why 2020 Is a Great Year for Buying Your First House Buying your first house is always exciting, but figuring out when the time is right can feel like a monumental challenge. If you buy too soon, you risk getting an overly high interest rate. If you buy too late, you...
How FHA Mortgage Rates Are Being Impacted by the Coronavirus
How FHA Mortgage Rates Are Being Impacted by the Coronavirus The Coronavirus is all anyone can talk about these days and it’s no different in the mortgage industry. In fact, the virus is making some serious changes to the way lenders issue loans in the first place...
Are VA Loan Fees Tax Deductible?
Are VA Loan Fees Tax Deductible? One of the biggest perks of buying a house is being able to deduct certain expenses from your annual taxes. When you buy a home with a VA mortgage in Colorado Springs, you’re entitled to an additional tax benefit that other homebuyers...
Are VA Loan Inspections Strict?
Are VA Loan Inspections Strict? When most people buy homes, they’re looking to move into them immediately. This means the house needs to be in move-in-ready condition at the time they receive the keys to the property. With traditional mortgages, move-in-ready...
Are VA Loans Affected by Government Shutdowns?
Are VA Loans Affected by Government Shutdowns? Government shutdowns happen when we least expect them. When they do, they have a way of disrupting industries and pausing resources that people need every day. For homebuyers applying for a Pueblo VA home loan, the...
Is a VA Loan an FHA Loan?
Is a VA Loan an FHA Loan? For many veterans, understanding which type of home loan to use to finance their purchase can be confusing. A VA loan is always an option, but you don’t have to use your benefit just because you can. In fact, sometimes it can be in your best...
5 Warning Signs New Home Buyers Should Look Out For
5 Warning Signs New Home Buyers Should Look Out For Buying a house for the first time is both exciting and nerve-wracking. Not only do new home buyers have to navigate the mortgage application process, but they have to find a home in the first place. If you’ve never...
Can FHA Loans Be Used for Rental Properties?
Can FHA Loans Be Used for Rental Properties? Demand for new rental properties is almost always on the rise. In fact, more than 36 percent of households rent their homes and, with times being so uncertain, that number will only increase over the next few years. This...
VA Loans and Renting: What Are the Requirements?
VA Loans and Renting: What Are the Requirements? As a veteran, you’re entitled to use a VA home loan to buy a house as long as you’ve fulfilled the basic requirements. While most people tend to live in the homes they buy for years, sometimes, you may not be able to....
Can a VA Loan Be Used for an Investment Property?
Can a VA Loan Be Used for an Investment Property? Buying investment properties is a great way to diversify your income and provide a much-needed resource to the community. Housing demands are almost always high, but finding ways to finance that investment property can...
Can VA Loans Be Used to Buy a Short Sale Property?
Can VA Loans Be Used to Buy a Short Sale Property? Home prices seem to change with the season, but they’re almost always more expensive than prospective buyers want them to be. One of the best ways to save money on the purchase price of a house is to limit your search...