Are You Eligible for a VA Loan?

A VA Loan offers home mortgages guaranteed by the U.S. Department of Veterans Affairs, and offered by qualified lenders. VA Loans do have many advantages for veterans like no down payment and low interest rates. However, serving in the military for any amount of time does not automatically qualify a veteran for a VA loan. So who may be eligible? Veterans of Wartime and Peacetime Wartime is defined by the VA as the following: World War II- 9/16/1940-7/25/1947 Korean Conflict- 6/27/1950-1/31/1955 Vietnam- 8/5/1964-5/7/1975 Gulf War- 8/2/1990- Date yet to be … [Read more...]

Iowa Home Sale Prices Continue to Rise

Previously posted by Amy Lucht | Feb 13, 2014 NEWS RELEASE - CLIVE, IOWA (Feb. 13, 2014)-According to the Iowa Association of Realtors® (IAR) home sales dipped slightly in January, however home prices continued to rise. In the January 2014 Housing Trends Report, IAR reports that the average sale price increased by another 6 percent and the median sale price was up 3.4 percent.  The average sale price was $136,489 in January 2013 and $144,724 in January 2014.  The median went from $116,000 in January 2013 to $120,000 in January 2014.  Twenty-nine of the 44 local Realtor® boards in the … [Read more...]

Happy Veterans Day to all the Veterans in the Cedar Rapids and Surrounding Area!

In Honor of Veterans Day, there are many local celebrations honoring those who served and are serving in our military. Here are only a few …. Vinton/Shellsburg School plans annual Veterans Day assembly Nov. 11 Monday Nov 11th starting at 9:30 am. Community wide assembly will be held at Vinton-Shellsburg Middle School in the gymnasium. A breakfast will be served in the middle school cafeteria starting at 8:15 am, for any veteran and their family who are attending the assembly. Iowa Valley School plans annual Veterans Day assembly Nov. 11 Veterans Day programs observed by the Marengo … [Read more...]

Could You Be Eligible for a VA Loan?

One of the greatest benefits to our nation’s military personnel is the VA home loan. This type of loan originated in WWII as a benefit for soldiers returning home. Since then it has provided homes to countless veterans. A VA Loan offers home mortgages guaranteed by the U.S. Department of Veterans Affairs, and offered by qualified lenders. VA Loans do have many advantages for veterans like no down payment and low interest rates. However, serving in the military for any amount of time does not automatically qualify a veteran for a VA loan. So who may be eligible? Veterans of Wartime and … [Read more...]