US AIR FORCE BASES - MILITARY PERSONNEL

For all our military personnel, the following is a list of Air Force Bases in the United States.
If your looking to purchase a home within the location of any of these bases, go to www.Vastreamlineonline.com to get all you Va Loan information. If your an existing home owner who lives near any of these bases throughout the US, maybe you want to consider a VA streamline Refinance or VA Cash-out Refinance. Va Streamline loans are quick, painless and simple. Just go to the above mentioned website for all you information on va streamline loans.

US Air Force Bases

• Altus Air Force Base,Oklahoma
• Andrews Air Force Base, Maryland
• Arnold Air Force Base, Tennessee
• Barksdale Aire Force Base, Louisiana
• Beale Air Force Base, California
• Bolling Air Force Base, Washington D.C.
• Brooks Air Force Base, Texas
• Cannon Air Force Base, New Mexico
• Charleston Air Force Base, South Carolina
• Columbus Air Force Base, Mississippi
• Davis-Monthan Air Force Base, Arizona
• Dover Air Force Base, Delaware
• Dyess Air Force Base, Texas
• Edwards Air Force Base, California
• Eglin Air Force Base, Florida
• Eielson AFB, Alaska
• Ellsworth AFB, South Dakota
• Elmendorf Air Force Base, Alaska
• Fairchild AFB, Washington
• Fort Worth NAS JRB, Texas
• Francis E. Warren AFB, Wyoming
• Goodfellow AFB, Texas
• Grand Forks AFB, North Dakota
• Hanscom AFB, Massachusetts
• Hickam AFB, Hawaii
• Hill AFB, Utah
• Holloman AFB, New Mexico
• Hurlburt Field, Florida
• Keesler AFB, Mississippi
• Kelly AFB, Texas
• Kirtland AFB, New Mexico
• Lackland AFB, Texas
• Langley AFB, Virginia
• Laughlin AFB, Texas
• Little Rock AFB, Arkansas
• Los Angeles AFB, California
• Luke AFB, Arizona
• MacDill AFB, Florida
• Malmstrom AFB, Montana
• Maxwell AFB, Alabama
• Maxwell AFB Gunter Annex, Alabama
• MCB Camp LeJeune
• MCB Camp Pendleton
• MCB Camp Smedley Butler
• McChord Air Force Base, Washington
• McClellan AFB, California
• McConnell AFB, Kansas
• McGuire AFB, New Jersey
• Minot AFB, North Dakota
• Moody AFB, Georgia
• Mountain Home AFB, Idaho
• Nellis AFB, Nevada
• Offutt AFB, Nebraska
• Patrick AFB, Florida
• Peterson AFB, Colorado
• Pope AFB, North Carolina
• Randolph AFB, Texas
• Robins AFB, Georgia
• Schriever AFB, Colorado
• Scott AFB, Illinois
• Seymour Johnson AFB, North Carolina
• Shaw AFB, South Carolina
• Sheppard AFB, Texas
• Tinker AFB, Oklahoma
• Travis AFB, California
• Tyndall AFB, Florida
• Vance AFB, Oklahoma
• Vandenberg AFB, California
• Whiteman AFB, Missouri
• Wright-Patterson AFB, Ohio

Why VA Loans are Easier to Qualify for than Traditional Loans

Veterans know that if they plan to use the VA Home Loan Guarantee Program to purchase a home that they are taking advantage of a valuable benefit that they earned from their service. This benefit allows veterans who are eligible to purchase a home with easier qualifying guidelines that traditional lenders.

Some of the reasons it is easier for a veteran to purchase a home through the VA Home Loan Guarantee Program include:

• The VA guarantees the loan. When a lender sees that a portion of the loan is guaranteed by the VA, they know they have a low risk investment. Even if the veteran does not pay the loan, the lender will still get some of their loan money back and the property to sell. This makes the loan more secure that traditional borrower’s loans and is one of the reasons why it makes it easier to qualify for applicants.

• Their eligibility can be determined within minutes. All a veteran needs to do is go into a VA approved lender and they can determine through the ACE system on the computer if the veteran is eligible to use the VA home loan guarantee program.

• The VA helps veterans who are in jeopardy of losing their homes. Lenders feel more secure knowing that the VA is behind these borrowers because the VA will help find solutions to problems in the case a veteran has financial difficulties. As a result of this, the borrower is less likely to default on their loan and the lender is more confident that they will be repaid by the terms of the mortgage contract.

• If you are still active in the service, then your employment is easily verifiable. One road block many people face is proof of income and employment. If you are an active service member then your income and employment are verified by the Federal Government.

• You are purchasing a home with no down payment, but it is treated as if you have a down payment. Even if you have $0 down, the lender considers the VA guarantee to be similar to a down payment. All a down payment does is ensures the lender that you are invested in the home purchase and will not walk away without paying back the loan. It also allows them to have some equity in your home in the case they need to sell it so that they can make their money back. With the VA guarantee the lender is already certain they will get their money back, so a down payment is not necessary.

If you are a veteran considering a near future home purchase, you should take advantage of the VA Home Loan Guarantee Program in order to have an easier time qualifying for a loan. For more information on the VA Home Loan Guarantee Program go to www.VaStreamlineOnline.com

Still Under a Mortgage? Try an FHA Refinance Plan

The Federal Housing Administration offers home loans to first time homeowners as well as people looking to purchase a second or third or fourth home. However, in addition to these services helping people to get into a home in the first place, the Administration also offers the opportunity to enter into an FHA refinance plan which allows homeowners to save money in the long run. If your mortgage still has a considerable number of years before it will be paid off and your interest rate is higher than you would like it to be, you might consider rethinking your repayment plan for your home.

Sometimes people get rates on mortgages that are not ideal at all. If you bought your house a number of years ago, especially if you were young with a less than perfect credit history, your interest rate is probably at a rate much higher than it could be. If your mortgage will be paid off in two years, it might not be worth it for you to spend the time reworking your paperwork in order to get a lower interest rate, but if you still have 10-20 years left on your mortgage, a new plan might be worth the time.

When it comes to an FHA refinance plan, you will be able to get a lower interest rate than the one you were initially given if you borrowed from a bank or other lender. Since the Federal Housing Administration is backed by the government, you can be sure that this refinancing is a legitimate thing. In the 21st century, there are too many lenders out there with so much fine print that nobody understands all of it even if they take the time to read all of it. When it comes to working with the Federal Housing Administration, you can be sure that the services you are getting are the top of the line.

Perhaps it is time to start thinking about putting money into an account for your children to go to college, or perhaps you are getting ready to make some other large financial commitment. These are very good reasons to think about finding out if an FHA refinance plan could help you to put some of the money that you are currently putting into your mortgage into some other account, such as a college fund. The interest rates offered by the Federal Housing Administration are generally around 6%, which might be lower or higher than your current interest rate.

In order to find out if reworking your current mortgage would mean saving you some money, you will have to take a look at your current mortgage and interest rate. It is not true in all cases that going ahead with an FHA refinance plan will mean getting a lower interest rate.

In order to find out how you can rework your particular situation, visit www.FhaStreamlineOnline.com and get a free loan quote and all your fha loan information. Visit today to learn more.

FHA Home Loan for First Time Homeowners

The Federal Housing Administration was started in 1934 to improve housing conditions in America, and more than 70 years later, that is still exactly what they are doing. They provide loans for purchasing houses as well as programs to refinance a house that you are already living in but need to refinance. One of their most popular types of financing is the FHA home loan going to first time homeowners.

In any given year, somewhere around 75% of the financing approved by the Administration goes to first time homeowners. Younger people who are looking to own their first homes are frequently daunted by house prices and the available financing options. When you look at a mortgage plan and it says 30 years, some people start to feel a little faint in the head. For a lot of first time homeowners, the prospect of paying for their house over 30 years means that they will be paying their house off for longer than they have been alive. This prospect is, understandably, sometimes a baffling one.

The folks at the Federal Housing Administration work with a variety of clients looking to buy a house or to refinance their current house. Their rules are quite simple when it comes to who can finance a house and who can not, but one rule to keep in mind is that borrowers can only hold one FHA home loan at a time. So if you are looking to finance a second residence, but are still paying for your first house, the Federal Housing Administration will not be able to help you out. Of course, this stipulation does not affect first time homeowners.

The financing plans given to first time homeowners are identical to those given to others, with the exception of those who have lost their residence in a disaster. Only disaster victims can obtain a financing plan without putting down any percentage of the purchase price. For all other borrowers, including first time homeowners, the amount that has to be put down up front is 3% of the total purchase price.

Beyond that universal 3% down payment for an FHA home loan, your interest percentage will depend on many factors. Starting interest rates are between 6-6.5%, but there are a lot of additional factors that are taken into consideration when calculating what the exact interest rate will be for each customer. Your credit score is considered, as well as the amount you are financing, whether or not you have a co-borrower (non-resident) and whether or not the house you are financing is a manufactured one.

If you are in the market for becoming a first time homeowner, and are not quite sure where to start, go to www.FhaStreamlineOnline.com for all your fha loan information and a free quote.