The only two no-down payment loan programs currently available are aVA mortgageand aUSDA mortgage. A VA loan is made specifically for those serving or who have served in the military. A USDA loan is a loan made on properties in rural areas. Additional qualifications will need to be met for...
USDA loan qualifications USDA loans are for primary residences located in designated rural and suburban areas. In addition to location, the borrower must meet specific financial criteria to be eligible. Although Chase doesn’t offer USDA loans, we can help guide you toward a mortgage that works ...
Essential Guide to Personal Financial Support for Veterans: Financial planning is essential for veterans beyond homebuying. This page provides resources on budgeting, saving and building wealth as a military family. Understanding VA Home Loan Fees: Learn about the VA funding fee, who must pay it ...
A prequal can be fast — it could take just minutes. But it’s not as accurate because the loan underwriter has not seen your documentation. Prequalifications don't include credit approvals or vetting by underwriting. They can be a good starting point for buying a home, but a lender will...