Everything You Need to Know About VA Loans
When it comes to purchasing a home, navigating through the various financing options is a crucial step in the process. For veterans and active-duty service members, the VA loan program stands out as an attractive option. Created to honor their service, VA loans offer unique advantages, but as with any financial decision, it's essential to weigh the pros and cons. In this post, I'll explore the benefits and potential drawbacks of buying a home with a VA loan.
When is my first mortgage payment due?
Your inaugural mortgage payment is generally due on the first of the month, 30 days after you close the deal. You're paying for the previous month, not the current one. After spending so much money to buy the home, this is often a welcome reprieve.