Rehab loans are ideal because they combine the acquisition and rehab financing into a single loan, making it a fast and easy way for a homeowner to finance a home. There is of course more work upfront at the start of a renovation loan, however, it could be a perfect option to make the home your own.
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As many of you have probably seen, the Federal Reserve has made the decision to hike interest rates higher. Specifically, around .25% higher. This was not unexpected, and was done so that it may stimulate the economy. While there is a good amount of debate and fear...
From all of us here at Vermont Mortgage Company, we hope you are having a happy and healthy 2017 so far! We are excited to kick off the new year, and cannot wait to see what will come of it. We know many may choose 2017 as the year they finally buy a house, as either...
Greetings from the Vermont Mortgage Company! As we are sure many of you have heard, the Federal Housing Administration (FHA) has cut the annual mortgage premium by 25 basis points. What this means is the cost of a FHA Loan is now .25% lower, making mortgages more...
