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Chuck profile image78

A Mayor and His Mortgage - A Tale of Financial Disaster

One of the perks of being the President or Vice President of the U.S. as well as governor of one of the 50 states is free housing. The home comes with the job. However, except for major cities, like New York or Chicago, free housing is generally...

5 comments    finance how politics
75

Understanding 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    military mortgages tax return
82

Buying 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.

26 comments    business money finance
79

VA 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...

0 comments    loan borrower entitlement
76

How to Obtain Military Service Records

Obtaining military service records is easier than most veterans realize. Learn how to request and obtain a DD Form 214 or other military service records here.

2 comments    veteran va loans va benefits
76

Mortgage 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...

0 comments    income credit debt
70

VA 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 ...

0 comments    loan home loans escrow
77

How 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    how to va loans va home loans
90

Is 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    finance va loan va home loans
TheLowPriceLender profile image65

Layton Utah Mortgage Broker offers FHA VA and Conventional Home Loan answers

Here’s a list of questions you should be asking the Loan Officer that you are considering to have help you with your mortgage needs. My answers to these questions are included which is why you should be...

0 comments    credit loans mortgage
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