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A VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required. For homeowners interested in making some property improvements without tapping into their savings or investment accounts, the two main options are to either take out a Home Equity Line of Credit (HELOC), or do a cash-out refinance.

Have you found that "almost perfect" home in the right location that is selling at a reduced price because it needs a little rehab work? A Jumbo, or non-conforming loan, is required for financing on a mortgage that is higher than the conforming loan limits set by Fannie Mae and Freddie Mac. The FHA's mission driven organization encourages home ownership and provides affordable housing opportunities with low down payment and flexible credit requirements.

Most lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) that provide liquidity in the mortgage market.
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Academy Mortgage is a national mortgage lender that provides extraordinary mortgage service.
We take great pride in delivering exceptional customer service.
Loans close in a matter of days.
Academy Mortgage understands the important issues that come with securing a mortgage loan.
Currently over 75% of our business is generated from referrals.
Home Buying 101
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Since there are so many components to the mortgage process, we have taken special care to organize the most important qualifying steps, lending frequently asked questions, home buying and mortgage processes below.
We realize that the information contained in this site could literally take you weeks to research and digest, so please feel free to call us at any time for a personal consultation where we can address your specific needs and questions.
The following outline highlights the important links / steps that are contained in this blog:.
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