If you are eligible for a VA Home Loan mortgage, you are already aware of how powerful it is. Guaranteed by the U.S. Department of Veterans Affairs and issued by approved lenders, its benefits include: no mandatory down payment no private mortgage insurance...
Purchasing a home is one of the most important financial decisions you can make. While the steps of securing a mortgage loan can be stressful and intimidating for potential homeowners, VA Home Loans, guaranteed by the U.S. Department of Veterans Affairs, help make the...
Why You Need an Appraisal The VA loan appraisal is an essential part of the VA loan approval. It determines the fair market value of a home that is going to be purchased or refinanced by means of a VA home loan. The Department of Veterans Affairs requires the...
The VA home loan program is often considered the best mortgage program in the United States, but it is only available to qualified active military members, veterans, National Guard members, Reservists, and certain widows or widowers. VA loans work differently than...
** updated 10/12/20 VA home loans are known for their competitive interest rates and no down payment requirement, but they come with another overlooked perk: one of the best cash out refinance programs available. Loan Numbers on the Rise A growing number of VA...
VA Home Loans are traditionally designed for people who want to purchase a home that is already built. If you prefer to build a custom home, then you will need to explore VA new construction loans. They offer similar benefits but come with a different set of standards...