Randy Kaufman discusses mortgage loans for military veterans.
Listen to the interview on the Business Innovators Radio Network:
Military veterans can qualify for a mortgage loan using many options available to them. One of the best things to consider is to work with a Certified Military Specialist (CMS). These professionals have extensive knowledge of the mortgage process and can help veterans get the best possible deal. To qualify for a mortgage loan as a military veteran, they need to meet some basic requirements. First, they must have served in the military for at least 90 days. Second, they’ll need to have a good credit score. Lastly, they’ll need to prove that they have enough income to make the monthly payments.
Homebuyers buying a home using an adjustable-rate mortgage loan must understand how these loans work and the potential risks, so make sure to work with a qualified mortgage professional. One of the possible loan programs to consider is an adjustable-rate mortgage loan (ARM), a type of home loan where the interest rate is not fixed and can adjust over time.
The interest rate on an adjustable-rate mortgage loan will typically start off lower than the interest rate on a fixed-rate mortgage loan. However, the monthly payments could go up or down because the interest rate can adjust. This can make monthly payments higher or lower than they would be with a fixed-rate mortgage loan, depending on market conditions.
Randy explained, “If you’re not sure where to start, your best bet is to work with someone like myself who is a Certified Military Specialist. I can help you navigate the mortgage process and ensure that you get the best possible deal.”
About Randy Kaufman
Randy was born in California but attended Arizona State University on an Athletic Scholarship. After graduation, he went back to California where he met his wife of now 34 years.
Randy has over 30 years of experience helping families achieve the American dream of homeownership by originating residential mortgages to help them buy a home. Along with Randy’s extensive experience, he has earned the designation of Certified Military Housing Specialist and is excited to work with current and former military, and all borrowers to finance their perfect home. Randy enjoys watching sports and playing golf. Randy and his wife raised 3 sons and now are the parents of Bandit, a 9-month “mini” Golden Doodle.
Learn More: https://www.notredamefcu.com/arizona
