There are many situations where a veteran or currently serving military member could need to purchase a home without wanting to obligate a legally married spouse. Earlier this year, the Department of Veterans Affairs issued a Circular to clarify its…
Author Archive for Joe Wallace
VA Loan
VA Loans: How Long To Prepare?
by Joe Wallace • • 0 Comments
A commonly asked question about VA mortgage loans involves the prep time leading up to the loan application. How much time does a borrower need to get ready for the mortgage loan? In general, you should spend 12 months at…
VA Loan, VA Mortgage
VA Loan Funding Fee Rules
by Joe Wallace • • 0 Comments
If you are using your VA home loan benefits for the first time, chances are good that you’re learning about how the VA loan funding fee works. The VA loan funding fee is a required part of most VA mortgage…
VA Loan, VA Mortgage, Veteran Home Ownership
VA Loan Policy On Natural Disasters
by Joe Wallace • • 0 Comments
If you are considering applying for a VA home loan or if you’ve already purchased a home with a VA mortgage and are concerned that your home may be affected by a natural disaster, it’s good to know VA policy…
VA Mortgage
Using Your VA Loan Benefits A Second Time
by Joe Wallace • • 0 Comments
Borrowers who use their VA home loan entitlement to purchase or refinance a home with a VA mortgage may wonder if they can make another purchase in the future with VA loan entitlement. Others may wish to know if they…
VA Loan
VA Loan Eligibility For Veterans: Who Is Eligible?
by Joe Wallace • • 0 Comments
Are you a veteran of the Army, Navy, Air Force, or Marines looking to use your VA home loan benefits? The first step in this journey toward home ownership is determining that you are eligible for the VA loan benefit.…
VA Mortgage
VA Loan Proof of Service Requirements For Veterans and Currently Serving Military Members
by Joe Wallace • • 0 Comments
The VA home loan benefit is available to currently serving and former military members who meet the program’s eligibility requirements including minimum time of service on active duty. Those requirements vary depending on the nature of your military service and…
VA Mortgage
VA Loans For Surviving Spouses: Getting a VA Certificate of Entitlement
by Joe Wallace • • 0 Comments
The VA home loan benefit is available to qualifying spouses of a service member who died while on active duty or after active duty if the VA determines the cause of death to be related to military service. According to…