The Department of Veterans Affairs has announced the VA loan guaranty limits for 2017. The VA loan limits are updated yearly, but in the past have been amended as-needed based on legislation or other changes to the federal laws and…
Tag Archive for VA mortgage loan
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 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…
VA Mortgage
VA Announces Support For Single-Home Sustainability Initiative
by Joe Wallace • • 0 Comments
The Department of Veterans Affairs has announced support for a government program known as the Single-Home Sustainability Initiative. According to a press release at VA.gov, “Efforts to address building safety, energy and water efficiency, and hazard resilience are ongoing through…
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, 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…