The Truth about the VA Funding Fee

March 22, 2012 By Leave a Comment

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 … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , , ,

6 Requirements for VA Loan Applicants

February 1, 2012 By Leave a Comment

Follow these 7 requirements for the VA loan application process:  1. Obtain COE  A Certificate of Eligibility (COE) can be obtained with your lender’s help or by you online at the Veterans … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , , ,

Top 5 Tips for a Smooth VA Loan Purchase

December 29, 2011 By Leave a Comment

The VA loan process can be quick and simple if you follow 5 easy tips: 1) Certificate of Eligibility (COE) Coming prepared with the right documents can save time in the VA home loan process.  If … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , ,

Why Do VA-approved Lender Guidelines Differ?

December 21, 2011 By Leave a Comment

Qualifying for a VA home loan can vary from lender to lender.  Why?  VA loans are originated and funded by private mortgage lenders, banks, credit unions and other lending institutions that are … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , ,

VA Guarantees loan, Even when affected by Disaster

October 20, 2011 By Leave a Comment

This year the U.S. has seen more than its share of natural disasters, as have many parts of the world.  Yet, Veterans who take out a VA Loan have protections that many homeowners do not, even in a … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , ,

VA Loans Outside the Box – Financing Income Property

June 23, 2011 By 1 Comment

Written by Kristine Wylie,Most VA-backed mortgages are for purchase or refinance of a single-family residence in which an active duty military member or veteran lives in.  According to VA … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , , ,

VA Refinance Loan With Devalued Home

June 8, 2011 By Leave a Comment

Written by Kristine Wylie,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 … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , , , , ,

VA Home Loans New Modification Regulation

May 31, 2011 By Leave a Comment

On February 7, 2011 the VA finalized a new loan modification regulation. The new rule allows for more flexibility for VA loan modification without the approval of the VA. A loan modification … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , , ,

VA Refinance With Worse Credit Than Before

May 24, 2011 By 1 Comment

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.There is no minimum credit … [Read more...]

Filed Under: VA Loan Programs Tagged With: , , , , , , , , , ,

VA Loans for Elderly Homeowners

May 12, 2011 By 2 Comments

Written by Isaac F. Davis,Many elderly veterans, like those injured in battle, have conditions that may require long-term care.  Many elderly veterans who are homeowners assume that certain … [Read more...]

Filed Under: Veteran Benefits Tagged With: , , , , , , , ,
« Older Posts