Basic Allowance for Housing, or BAH, is a tool that can help VA lenders gauge what kind of mortgage payment an eligible veteran can handle.
Continue →Obtaining your Certificate of Eligibility (COE) is an important part of verifying your VA loan eligibility.
Continue →VA home loan benefits offer unique advantages that are unlike other mortgage products on the market.
Continue →The Lender Appraisal Program (LAPP) is a program available to lenders that have met specific requirements. A lender must be approved by the Central Office. By using an LAPP lender, a VA assigned appraiser can actually close the applicant's loan, allowing for the loan process to be expedited.
Continue →See how your debt-to-income (DTI) ratio and credit score affect your VA loan eligibility.
An essential part of buying a home is a VA appraisal and home inspection to make sure it's fit and livable for you and your family.
Continue →See the benefits and requirements of using a VA loan with a co-borrower in what's often called a joint VA loan.
Continue →By having a solid understanding of your VA loan eligibility, you are able to find the loan that benefits you the best.
Continue →Basic Allowance for Housing, or BAH, is a tool that can help VA lenders gauge what kind of mortgage payment an eligible veteran can handle.
Continue →A detailed guide on how to complete a VA loan application and the estimated time it takes from beginning to end.
Continue →Throughout the VA home loan process lenders will want to look at all of your expenses. This includes childcare in which you may be asked to produce a VA Childcare Statement.
Continue →Having home owners insurance when purchasing a home with a VA loan can be important when dealing with possible property risks.
Continue →Learn about how a homebuyer can use a VA Loan to purchase a multi-family home and the requirements needed to do so.
Unfortunately, disasters happen. When they do, you need to take special care to ensure you will be able to continue your day-to-day life without greatly disrupting your financial situation.
Continue →While your credit score is an extremely important figure factored into your VA loan approval process, there are certain steps you can take to secure a VA loan with a lower-than-desired credit score.
The VA offers veterans many benefits that help them throughout their lifetime. One of those valuable benefits is the VA Home Loan Guarantee Program.
Continue →See common questions and answers about Radon testing in homes that have been financed with a VA Mortgage.
VA loans are intended to be the buyers' primary residence. However, under certain circumstances, you may be able to use a VA loan for rental property.
Continue →The VA offers Veterans who have used the VA Home Loan Guarantee Program and subsequently fallen on hard times, the opportunity to have loan modifications.
Continue →Learn the guidelines for earnest money deposits and VA loans to ensure you are making the right decisions.
Continue →VA Loans are available up to $548,250 in most areas, but can exceed $800,000 for single-family homes in high-cost counties. Use this tool to find your limit.
Continue →Learn about the VA Energy Efficient Mortgage and how you can finance energy-efficient home improvements into your VA Home Loan.
Continue →Learn how you can convert your conventional mortgage option to a VA Loan with a Cash-Out Refinance.
Continue →Learn about the Specially Adapted Housing grant from the Department of Veterans Affairs (VA) for disabled veterans.
Continue →Learn how a Chapter 7 or Chapter 13 bankruptcy can affect you ability to get a VA home loan, or how low late payments affect your loan and the possibility of foreclosure if your mortgage goes unpaid.
Continue →Understand the advantages of the VA loan compared to other popular loan options.
Continue →Learn about the approved uses for VA Home Loans.
Learn about VA Loan underwriting principles and why these guidelines are in place to protect homebuyers.
Continue →Learn how the VA calculates your remaining VA Loan Entitlement and how it impacts your VA loan benefit.
Continue →The VA funding fee is something every veteran has to pay unless you meet one of the exemption requirements.
Continue →VA construction loans provide the perfect opportunity to build your dream home.
Continue →Purchasing a condo has some serious perks, but there are certain requirements properties must meet to ensure that a VA loan can be used to help purchase a condo.
Continue →The VA Interest Rate Reduction Refinance Loan (IRRRL), also known as the VA Streamline Refinance, is one of the best options for existing VA loan holders who want to take advantage of lower interest rates or refinance into a fixed-rate mortgage.
Continue →Having a solid understanding of the total amount of VA loan closing costs and non-loan related costs is an important figure to consider when buying a home.
Continue →Many individuals wonder how many times they can use a VA home loan. The VA home loan benefit is a lifetime benefit for Veterans, meaning they can use it more than once.
Continue →Refinancing your VA home loan can be a powerful financial decision. Make sure you are aware of the different refinancing options, and what implications it has on your current mortgage.
Continue →Understand how your rate is calculated and the factors that go into determining the VA Loan rate you receive, along with the advantages of VA loan rates.
Continue →Obtaining your Certificate of Eligibility (COE) is an important part of verifying your VA loan eligibility.
Continue →VA home loan benefits offer unique advantages that are unlike other mortgage products on the market.
Continue →Knowing how VA loans work can help you through the homebuying journey.
Continue →VA first-time homebuyers must understand the process, benefits, and eligibility requirements of the VA mortgage before determining if it's right for them.
Continue →We'll look at two common scenarios below: what happens to a current VA loan after divorce and getting a new VA loan after divorce.
Both a traditional home sale and VA loan assumption have their advantages and disadvantages. Here we take a look at when each option may work best.
A step-by-step guide for how to get prequalified for a VA home loan.
Continue →It's absolutely possible for surviving military spouses to meet the eligibility requirements needed for a VA loan. We'll look at this process below in more detail.
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