Texas VA resource center courtesy of AMCAP Mortgage
A mortgage is a loan secured by a home as a collateral. When someone decides to buy a house, there are only 2 ways to achieve this: (1) pay cash, or (b) finance the loan. Unless a borrower has sufficient cash or savings to pay for the house in full, the other option is to finance the house for an extended period of time. Read more…
Use this mortgage calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan to calculate your payment breakdown, schedule, and more. Use the calculator here…
The most commonly used VA forms for a home loan are: click here to view
VA Loan Glossary
Glossary of VA loan in Texas — understanding the lingo and terminology used in the mortgage industry can be accessed here.