The Truth about the VA Funding Fee

March 22nd, 2012  |  by  |  published in VA Loan Programs

The VA funding fee ranges between .5% and 3.3% of the total loan amount, and the fee can be paid upfront by the borrower, rolled into the loan with interest, or paid by the seller (VA purchase loans only) as part of allowable seller-paid closing costs.

6 Requirements for VA Loan Applicants

February 1st, 2012  |  by  |  published in VA Loan Programs

Follow these 6 requirements for the VA loan application process:

Top 5 Tips for a Smooth VA Loan Purchase

December 29th, 2011  |  by  |  published in VA Loan Programs

The VA loan process can be quick and simple if you follow these 5 easy tips.

Why Do VA-approved Lender Guidelines Differ?

December 21st, 2011  |  by  |  published in VA Loan Programs

Qualifying for a VA home loan can vary from lender to lender. Why?

VA Guarantees loan, Even when affected by Disaster

October 20th, 2011  |  by  |  published in VA Loan Programs

Veterans who take out a VA Loan have protections that many homeowners do not, even in a natural disaster. It is up to the Veteran, however, to know his/her rights.

VA Loans Outside the Box – Financing Income Property

June 23rd, 2011  |  by  |  published in VA Loan Programs

According to VA guidelines, military mortgages are for eligible borrowers who occupy their homes and are not typically used to finance income property. But, there are exceptions to every rule.

VA Refinance Loan With Devalued Home

June 8th, 2011  |  by  |  published in VA Loan Programs

After the housing bubble burst in 2007, many parts of the country saw a decrease in real estate values. Is it okay to seek a VA refinance loan if your home has decreased in value?

VA Home Loans New Modification Regulation

May 31st, 2011  |  by  |  published in VA Loan Programs

A loan modification often provides a second chance for a VA borrower nearing foreclosure. Earlier this year the VA finalized new loan modification regulation.

VA Refinance With Worse Credit Than Before

May 24th, 2011  |  by  |  published in VA Loan Programs

You’ve got a mortgage and you want to refinance with a VA loan, only your credit has deteriorated since you qualified for your last mortgage. You may still qualify.

VA Loans for Elderly Homeowners

May 12th, 2011  |  by  |  published in Veteran Benefits

Many elderly veterans who are homeowners assume that certain long-term healthcare needs will eventually force them to sell their houses and move into nursing facilities to receive the proper care.

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