CHFA SmartStep Program CHFA SmartStep purchase mortgage program is open to home-buyers that have a mid credit score of 620 or higher. This program features CHFA's lowest mortgage interest rate.  It features FHA, VA, and USDA Rural Development. If you qualify, you may ...

Is it time for a mortgage refinance? What To Know Before Refinancing Refinancing, is when a new mortgage replaces the original mortgage on a house.  This is done when it benefits the borrower to lock in a different, and better ...

CMG Lending is not part of the VA and is not affiliated directly with the VA. We are a mortgage Brokerage that is authorized to broker VA loans through specific, approved lenders. Regional Loan Center Address Phone Hours 314 ROANOKE ...

VA allows Co-borrowers on VA loans. We get some calls from people wanting to use a Veteran Co-Borrower and a VA loan to buy a home. The question might be something like, "My father is a Veteran, can he co-sign ...

Factors for Loan Approval Lenders work with the borrower's past credit history looking for several variables to determine if a loan is able to be approved. Many people looking to buy a house want to know what factors go into ...

VA Energy Efficient Mortgage: Looking to go "green"? For VA borrowers and homeowners, this may be more helpful than reducing your household's environmental footprint.  Making home improvements more energy efficient could mean lower energy bills, additional tax breaks, and the ...

Closing Costs There is a lot to consider when closing a real estate deal. On the one hand, there is the price of the home to consider, and, on the other hand, the deal's cost, more often referred to as ...

The VA Home Loan The VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA). The VA home loan program was created in 1944 as part of the GI Bill of Rights. The goal of the ...

VA Debt-To-Income Guidelines According to VA guidelines, borrowers and their spouses must qualify according to set debt ratios, which determine whether the borrower can reasonably be expected to meet the expenses involved with home ownership. Usually, the debt-to-income ratio refers ...

Purchase Loans: Offer a competitive interest rate without a downpayment of private mortgage insurance. Cash Out Refinance loans: Interested in paying off debt, making home improvements, or cashing in for school? This loan allows you to take cash out of ...