If you are a home buyer planning on that first or next home in Chantilly, or the Northern Virginia area, you should know that one of your first steps is mortgage pre-qualification.
Mortgage & Finance
Chantilly Real Estate Blog
If you are looking for a mortgage option where you won’t have to come up with the typical 20% down payment, and live in Virginia, you should check into VHDA.
There are many ins and outs involved in securing a mortgage lender, and as a result there are many offers and options out there which are only around to take advantage of prospective homebuyers. If you’re on the lookout for a home and are trying to wade through all the details successfully, here are some things you may want to be aware of.
Last week’s housing related news was limited to Construction Spending and Freddie Mac’s mortgage rates survey, but labor reports suggested an economic slowdown may be in the works.
Last week’s economic reports included new home sales, pending home sales along with weekly mortgage rates and new jobless claims.
If you’re planning to get a mortgage, it’s critical that you know your rights under the law. The Truth in Lending Act (TILA) is a piece of federal legislation that governs how mortgage lenders can and cannot operate their businesses.
So how does the Truth in Lending Act protect you, and what are your rights under this legislation? Here’s what you need to know.