VA home loan benefits in 2017 are open to eligible active duty, Guard/Reserve members, military retirees, and many others. Do you know whether you are eligible to apply for a VA home loan? The Department of Veterans Affairs official site…
Tag Archive for VA loans
VA Loan, VA Mortgage, Veteran Home Ownership
Home Loans in 2017: Understanding VA Loan Limits
by Joe Wallace • • 0 Comments
If you are planning on a VA mortgage loan in 2017, you may wonder about VA loan limits and how they might affect your transaction. What is the maximum amount you can borrow with a VA mortgage? That depends on…
VA Loan, VA Mortgage, Veteran Home Ownership
VA Loans And Down Payments: What You Should Know
by Joe Wallace • • 0 Comments
The VA loan benefit includes the ability to purchase a home with no money down. This is one of the most important aspects of your VA mortgage loan benefits and can save you thousands up front when purchasing. Yet some…
VA Loan, VA Mortgage
VA Loan Policy: Hurricane Matthew And Other Natural Disasters
by Joe Wallace • • 0 Comments
When Hurricane Matthew affected homeowners, the Department of Veterans Affairs reminded VA borrowers that mortgage relief may be available. Loan forbearance, late charge waivers, foreclosure forbearance, and other remedies are commonly offered to VA borrowers affected by a natural disaster.…
VA Mortgage
VA Mortgages For “Second Homes”
by Joe Wallace • • 0 Comments
One common question about VA mortgage loans involves whether an eligible VA borrower can use his or her VA loan benefit to purchase a home even if the borrower already owns property. The answer depends greatly on whether or not…
VA Mortgage, VA Refinance
VA Loans And Your Certificate Of Eligibility: Is It Correct?
by Joe Wallace • • 0 Comments
Before you can apply for a VA home loan for the first time, you will need to apply for a VA Certificate of Eligibility (COE). The COE tells the lender that you have served the minimum time required to be…
VA Loan, VA Mortgage
VA Mortgage Loan Rules: Your Credit Report
by Joe Wallace • • 0 Comments
When you apply for a VA mortgage loan, your lender will require your permission to obtain financial data about including your credit report. Did you know your lender may also require tax documents, information on open lines of credit and…
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VA Loan Fees: What Borrowers Cannot Be Charged
by Joe Wallace • • 0 Comments
There are a variety of fees and expenses you will need to budget and save up for when planning your VA home loan. Those fees include appraisals, pest inspection fees, flood zone determination fees (where they apply), the VA loan…
VA Loan
Understanding The VA Home Loan Process: Eligibility And Loan Approval
by Joe Wallace • • 0 Comments
The VA loan program offers a benefit to qualifying service members who have served the required minimum time in uniform. But unlike other types of VA benefits, getting a VA home loan isn’t a matter of just meeting that minimum…
VA Mortgage
Seller Concessions And VA Loans
by Joe Wallace • • 0 Comments
VA home loans permit the seller to contribute towards a borrower’s closing costs or provide other incentives to purchase a particular home. Such incentives can be a powerful negotiating tool when trying to decide whether or not to purchase a…