August 18th, 2009 | by IsaacFDavis | published in VA Loan Programs
Written by Isaac F. Davis VA loans have proven to be resilient since the start of the recession in 2008. When mortgages issued under other loan programs came to a virtual halt, VA loans seemed to continue progressing at a steady pace. Factors leading up to the 2008 mortgage crisis had little effect on [...]
February 11th, 2009 | by freedom | 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 [...]
January 21st, 2009 | by freedom | 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 [...]
December 15th, 2008 | by freedom | published in VA Loan Programs
Why should a VA-eligible borrower be concerned with where his or her VA home loan comes from? Understanding VA Loan Guaranty Program, where the money comes from and how to get a VA mortgage can help eligible veterans get the most from their VA home loan benefits. The benefits associated with a VA home [...]
November 30th, 2008 | by freedom | published in VA Loan Programs
Veterans’ Benefits Improvement Act of 2008 enhances VA loan guaranty program Veterans like many Americans may be treading in rough economic waters. And, many homeowners fear that if they don’t keep afloat, the foreclosure wave could ultimately wash them under. For many VA-eligible borrowers who qualify, relief may be in sight now that new [...]
