When applying for home loans, one of the first questions your lender will ask is if you own any collateral. Collateral is property or other assets that a borrower can offer to secure the repayment of a loan. With enough collateral, a lender is more equipped to approve your loan, often at a lower interest […]
VA Home Loan Benefits and Requirements
Fairfax Mortgage Investments has decades of experience helping members of our nation’s military to obtain the home they’ve always dreamt of. VA Home Loans are special loans with unique benefits to help active service members, veterans, and eligible surviving spouses become homeowners. Although VA Home Loans are provided by private lenders, they are guaranteed by […]
Benefits of Buying a Home in Fairfax, VA
Fairfax, Virginia is nestled conveniently by Washington, DC and has grown from a small agricultural area in the early 1900’s into a vibrant community full of amenities catered to both new and established families. Fairfax is known for its scenic park spaces, top of the line schools, and ease of access to the Washington, DC […]
Buying vs. Renting Your Home
Is now the right time for you to buy a home? You have many options to consider and choices to make. Buying a home is a big responsibility, financially and emotionally, but most people want to own a home. Home-ownership often is referred to as “the American dream.” Why is it so special? Among the […]
Statistics on Home-buyers and Home-sellers
In July 2014, NAR mailed out a 127-question survey using a random sample weighted to be representative of sales on a geographic basis to 72,206 recent home buyers. The recent home buyers had to have purchased a home between July of 2013 and June of 2014. A total of 6,572 responses were received from primary […]
