For U.S. military veterans, there are many financing options available for buying a home. What's typically called simply a "VA loan" can actually mean multiple specific types of loan. Depending on your situation, you might find one more helpful than the other. Here is a basic guide to the different types of loans available to veterans: VA No-Down-Payment...

Many first-time homebuyers face the choice between a starter home and a forever home. Every situation is unique but there are some key advantages to starter homes that exist across the board. Here we’ll go over the major reasons you might want to consider getting a starter home. Lower Price Starter homes are smaller and often in less...

Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...