How to Find the Right Lender

piggyback-mortgage-house-familyWe all are daydreaming of a big and beautiful or small and cozy, but our own house. The process of buying a house can be, and in fact it is, very confusing and stressful. State and federal laws, current mortgage rates, tax considerations, your personal preferences and your financial situation – all these only add more headache to you.

One of the most confusing parts of the mortgage process can be figuring out all the different kinds of lenders that deal in home loans.

So, in order to get the best deal, or you have other special circumstances to address, understanding the different types of lenders can be a big plus.

There are direct lenders, retail lenders, mortgage brokers, portfolio lenders, correspondent lenders, wholesale lenders and others.

First, let’s define a lender and what he does. It is someone who lends money to another; it can be individual, public or private group. The money that was borrowed should be repaid with additional interest.

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U.S. Citizenship for Military Personnel

Many people are surprised to hear that members of the MilitaryFamilyU.S. military and their families have issues with the U.S. immigration system. But unfortunately it happens very often.

Members of the U.S. armed forces and their dependents (spouses and children) may be eligible for naturalization, to include expedited and overseas processing, under special provisions of the Immigration and Nationality Act (INA).

Did you know that Since September 2002, USCIS has naturalized 89,095 members of the military ( Source: U.S. Citizenship and Immigration Services)

It is very important to know the Military branches (also service branch or armed service):

  • imagesArmy
  • Navy
  • Marine Corps
  • Air Force
  • Coast Guard
  • National Guard
  • Selected Reserve

 

Remember that there are some requirements and qualifications for serving in the U.S. Armed Forces!

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