How to Save Your VA Home Loan From Foreclosure

August 20th, 2009  |  by  |  published in VA Loan Programs

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 [...]

VA Mortgage Surge to follow U.S Military Homecoming

April 2nd, 2009  |  by  |  published in Veteran Benefits

While interviewing with Matt Lauer on February 2, 2009, President Barack Obama said U.S. Troops would start to be withdrawn from Iraq within a year.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.  [...]

VA Home Loans or FHA Home Loans: What is the Right Choice?

March 6th, 2009  |  by  |  published in VA Loan Programs

Written by Isaac F. Davis   VA and FHA loans are terrific, federal-backed mortgage programs for those who qualify. When considering mortgage options, one should look closely at the benefits of each of these programs. There are differences between military and FHA mortgages.  Qualifying requirements, down payments and fees can all vary between the two [...]

The VA Loan Program: Evolution & History

February 11th, 2009  |  by  |  published in VA Loan Programs

VA home loans are an entitlement to those VA-eligible borrowers who qualify.  VA Loans, or veterans’ mortgages, are made by lenders like banks and mortgage companies and a portion of each loan is guaranteed by the U.S. Department of Veterans Affairs.  The VA Loan Guaranty Program wasn’t always in existence.  Discovering how VA Loans came [...]

VA Loans and The Recession

January 21st, 2009  |  by  |  published in VA Loan Programs

On November 28, 2008 President George W. Bush acknowledged for the first time that the US economy is in a recession. Expert economists define a recession as a period of two or more consecutive quarters with reduced gross domestic product.   By this definition, the recession has existed since December 2007.  How do VA loans [...]

VA Loans And Bankruptcy

August 19th, 2008  |  by  |  published in VA Loan Programs

How do VA loans and bankruptcy go hand in hand?  VA loans are available to most veterans.  You will need to qualify for these loans though.  Qualifications often include a good credit history demonstrating your ability to repay the loan in full.  If you have filed bankruptcy, there are special qualifications that you will need [...]

The VA Debt Consolidation Loan And How It Can Help You

August 6th, 2008  |  by  |  published in VA Loan Programs

The VA debt consolidation loan is an outstanding tool that veterans can use to their advantage to reduce their monthly debt.  These loans provide debt consolidation by allowing you to tap into the equity of your home.  As long as you are a qualified veteran, either active duty or honorably discharged, you may qualify for [...]

VA Home Loan Refinance: Why Veterans Should Consider It

May 21st, 2008  |  by  |  published in VA Loan Programs

A VA home loan refinance is perhaps one of the smartest choices veterans can make.  Most veterans will qualify for some type of home loan.  What’s more, even if you do not currently have a VA loan, you may still qualify for a VA home loan refinance.  There are several reasons why this type of [...]

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