VA
Can the Child of a Veteran Get a VA Loan?
October 29, 2024
VA loans are an excellent way for eligible veterans to become homeowners. Backed by the Department of Veteran Affairs, these loans offer favorable terms to help veterans and active-duty service members buy their homes, such as no down payment and low interest rates. What about ...
Do VA Loans Require Mortgage Insurance
October 29, 2024
Mortgage insurance can increase monthly mortgage payments. Unlike most mortgage types, VA loans do not require mortgage insurance. Instead, borrowers must pay a funding fee at closing. That’s because VA loans are backed by the Department of Veterans Affairs, which assumes the responsibility and guarantees ...
How Many VA Loans Can You Have?
October 29, 2024
For many veterans and active-duty service members, VA loans represent a golden opportunity to achieve their dream of homeownership. These government-backed loans come with favorable terms, such as no down payment requirements and competitive interest rates. Many prospective homeowners wonder whether they can have more ...
VA Loan Assumption
October 29, 2024
VA loans are a great way for veterans and active-duty service members to achieve homeownership on favorable terms and without a down payment. VA loan beneficiaries can also transfer their VA loan to a homebuyer when they decide to sell their home. The homebuyer assumes ...
VA Home Improvement Loan – Requirements for Renovation 2024
March 31, 2024
VA home improvement loans can help borrowers buy a fixer-upper or a home that requires renovation and roll the cost of the renovation, alteration, and repair into the original mortgage. VA home improvement loans can also be used as refinance loans. If you’re a veteran ...