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It is fairly common knowledge that veterans and active duty military members can obtain VA mortgages up to $417,000 with no money down. But, what may not be so well-known is the fact that zero-down VA home loans of up to $1,000,000, and even more in certain counties, are allowable with VA Jumbo loans.
One of the first questions I always ask my clients is how long they want to keep the loan. If https://mymoneydeal.com/ planning to keep the loan only a few years, it's usually better to go for a no cost loan even though the interest rate will be a little higher. If they're going to be in the loan long term, taking a lower rate even though they're paying the closing costs can often be a better option. The following example shows how this works.
Although the standard is 10, your consolidation loan can, in most cases, taken out much longer. You can stret