Follow these 6 requirements for the VA loan application process:

Because the VA Home Loan Guaranty Program is intended to assist vets and active duty military members in obtaining financing for homes they intend to live in, most of the unacceptable uses are so-restricted because they don’t meet the owner-occupancy requirements. We will show you what the acceptable and unacceptable uses are for VA loans.

The most frequently asked questions regarding VA loan interest rates and qualifying requirements are answered here.

The most frequently asked questions regarding VA loan eligibility can be answered right here. Most people simply want to know whether they are eligible for the VA Home Loan Guaranty Program. But, many people also want to know about joint VA loans, surviving spouse eligibility and property requirements for VA loan financing.

Written by Isaac F. Davis   We recently read an article that reports that only a very small portion of Veterans are using their VA loan benefits. According to the research done by iFreedom Direct, less than 10% of veterans are taking advantage of the benefits they have earned. Even more surprising is that according [...]

  When bond prices rise, and yields fall along with interest rates, a recession is sure to follow. When Americans celebrated the 2009 New Year, mortgage rates were at a historic low – the lowest they’ve been since 1971. And, many VA loan borrowers wonder whether now is the time to take advantage of low [...]

Written by Isaac F. Davis    It’s common for VA-approved lenders to use VA underwriting software to “read” income and credit numbers in a VA loan application to determine whether a borrower qualifies.  In some circumstances a closer look from a manual underwriter (someone with special certification for determining VA loan qualification) is needed.    [...]

Written by Isaac. F. Davis   One of the most common misconceptions regarding the VA Home Loan Guaranty Program is that it’s a one-time deal.  Many people believe that once they get a VA loan, they can never get one again.  On the contrary, as long as a veteran has entitlement, the benefit can be [...]

Written by Isaac F. Davis   The recession throughout 2008 has affected unemployment.  In 2009, families are struggling to make ends meet.  Shrinking home values and rising mortgage delinquencies are causing the U.S. housing market to be in crisis — a situation that intensified in late 2007 and climaxed in 2008.  A surplus of bank-owned [...]

While interviewing with Matt Lauer on February 2, 2009, President Barack Obama said U.S. Troops would start to be withdrawn from Iraq within a year.  The President said that the United States can now start giving more responsibility to the Iraqis, and that a more clearly defined withdrawal plan would follow in the coming days.  [...]