There are suggestions that the idea of Father’s Day originates in pagan sun worship. Some branches of paganism see the sun as the father of the universe. The June solstice occurs around the same time of year as Father’s Day, so some people saw a link between the two.
The modern idea of a special day to honor fathers and celebrate fatherhood was introduced from the United States. A woman called Sonora Smart Dodd was inspired by the American Mother’s Day celebrations, and planned a day to honor fathers early in the 20th century. The first Father’s Day was celebrated in Spokane, Washington on June 19, 1910. Father’s Day has become popular throughout North America and in others parts of the world.
That’s correct!! Veterans, don’t always look for the lowest interest rate when purchasing a home. As you know many military folks will sell their home within a 4 to 7 year period. That said when shopping for a home loan your number one consideration when financing a house should be the estimated period you intend to hold the home. Based on this estimate, you may want to consider having the lender to pay your VA funding fee at the cost of a slightly higher interest rate. In most cases, the Veteran comes out ahead using this strategy. In one recent transaction closed in Virginia Beach this month my borrower saved over $4,300 on his funding fee at a cost of approximately $38 per month. Simple math showed it would take approximately ten years to recoup the cost of the VA funding fee which is funded (added) to the purchase price. This family intends to live in Virginia Beach for no more than 6-8 years upon which the borrower will be retiring and returning to Florida. This veteran reviewed the math and agreed.
If you are in the market for new home, using your VA loan benefits and are considering older homes that may need upgrades you should be aware of the VA Energy Efficient Mortgage. This loan program allows you to roll up to $6,000 of energy efficient improvements into the cost of your home. These can include heating and air conditioning systems, insulation, thermal Windows and electronic thermostats. This loan program can also be combined with VA Interest Rate Reduction Loan should you be in the market to refinance your existing home. For more details give me a call today.