With VA mortgage loans, you are allowed to take out a loan on either the purchase of an existing home or for the construction of a new home.
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June 18, 2013
June 18, 2013
A VA compromise sale is designed to help veterans who have a VA mortgage and need to sell their home, but would end up taking a loss in the process.
June 17, 2013
Before your home can be qualified for a VA loan, the VA requires an appraisal of the property. A VA appraisal involves a thorough analysis of the home and property to determine what the current market of the home and property is.
June 16, 2013
DD 214 forms are required of veterans when applying for a VA mortgage loan, and, unfortunately, are commonly misplaced over time. The good news is that losing or misplacing it is an easily remedied problem!
June 15, 2013
A VA loan pre-approval letter is a document granted by a VA mortgage lender that states that based on preliminary information such as the potential borrower’s credit, assets, and income, that they qualify for a VA loan of a specified amount.
June 14, 2013
If you’re looking at buying the home of your dreams – and the price reflects it – then a VA jumbo loan may very well be the best option for your mortgage.
June 13, 2013
First and foremost, the VA does not require a certain credit score in order for approval. The actual mortgage lenders, however, are allowed to set their own standards for VA loan requirements.
June 12, 2013
The short answer to the question “How many VA loans can I have?” is that there isn’t a limit on the amount of times eligible veterans are allowed to utilize the VA loan program.
June 10, 2013
The Department of Veteran’s Affairs (VA) oversees the VA home loan program, which backs private loans issued to qualifying service personnel and veterans in Cape Coral, FL against the risk of default. This means that if a person defaults on his or her mortgage debt, the VA will settle the debt with the lender who, [...]
June 9, 2013
Many veterans today are wondering whether or not they can get a VA loan if they have recently been through a foreclosure. Fortunately, the VA qualifying guidelines do allow for veterans and military personnel to qualify for a VA loan after a foreclosure, but with some restrictions.