- Hubs »
- tagged va loans
1-10 of 40 Hubssort by Hot Best Latest
91Buying a House with a VA Loan
The VA home loan is designed to assist the more than 25 million veterans and active service members in the U.S. purchase or refinance a home. The U.S. Department of Veteran Affairs guarantees each loan approved by qualified VA lenders. This guarantee typically allows veterans to obtain a mortgage with no money down and with a lower interest rate than conventional loans. The lack of "red tape" makes the VA Loan a smart option for veterans financing a home.
28 comments
85Is a VA Loan Best For You?
The VA loan programs are designed to assist our veterans and active military personnel purchase or refinance a home. The Department of Veterans Affairs guarantees the loans in order to make it easier for veterans to receive financing. This guaranty on VA home loans allows veterans to receive the benefits of 100% financing, a more forgiving credit standard and often a lower interest rate.
23 comments
82How Can You Use Your VA Home Loan Benefits?
For most VA-eligible borrowers, a VA loan is used to finance a single-family home. But, the VA Home Loan Guaranty Program has many eligible uses beyond single-family homes. Actually, it is acceptable for a...
0 comments
80Understanding VA Documents
VA Form 26-1880 is used to help potential VA borrowers obtain a Certificate of Eligibility (COE). A COE document is necessary for all VA borrowers in order to show eligibility for VA home loan benefits. ...
0 comments
79VA Loan Assumption: What Are The Advantages and How Does It Work?
The most frequently asked questions regarding VA loan assumption can be answered right here. Many VA borrowers simply want to know how the loan assumption process works. Many are concerned with restoration of their entitlements after VA mortgages...
0 comments
79The history of the VA loan program
Ever wonder where a VA Loan comes from? It’s no doubt that a VA home loan is a great benefit to every VA-eligible borrower who qualifies. But, did you know that VA Loans don’t actually come from the U.S. Department of Veterans Affairs (VA)?...
0 comments
77VA Loan Fees- The Fees You Can Expect To Pay and The Fees That Are Forbidden
Like any other mortgage program, VA home loans have fees associated with them. The fees VA-eligible borrowers may anticipate seeing in their VA-guaranteed mortgage closing documents are: VA funding fee Credit report Appraisal/compliance...
0 comments
78Mortgage Loan- Quality Control Upfront
As usual I try to keep up with what is progressing within mortgage lending and keep you informed that Mortgage Underwriting - Quality Control is being implemented at upfront application time. Some of these changes are oh so good and in the best...
0 comments
74Can You Still Get A 100% Mortgage?
In the early 2000s 100% financing was easy to come by. Many banks and mortgage lenders offered loans for 100% of the value of the property to borrowers who paid private mortgage insurance which protected the lender against losses. 80/20 mortgages...
0 comments
73Are VA Loans Recession Proof?
The U.S. economy has been in a recession since December 2007. In economic terms, a recession happens when the gross domestic product (GDP) shrinks for at least two consecutive quarters. For VA loans, the...
4 comments
