Getting a VA Loan VA Loans Insider

  • Top Leaders of VA Loan Program Join Veterans United to Answer Your Questions

    Top Leaders of VA Loan Program Join Veterans United to Answer Your Questions

    VA Recap - Update We were excited to recently host a live conversation about VA home loans with the top two leaders of the VA Home Loan Program! Mike Frueh, national director of the program, and John Bell, a Navy veteran and assistant director of the program, joined us live in our studio at the Veterans United Home Loans headquarters in Columbia, Mo., for an informative, 40-minute conversation about this hist…

  • How Student Loans Can Affect Your VA Home Loan Chances

    How Student Loans Can Affect Your VA Home Loan Chances

    Student loan debt isn't exactly uncommon. About 70 percent of 2012 college seniors graduated with it, carrying an average debt load of nearly $30,000, according to the Institute for College Access & Success. Even with GI Bill education benefits, veterans and active service members certainly shoulder their fair share of student loan debt, too. Simply having student loan debt doesn't mean your road to qualify…

  • The Potential Pitfalls of Purchasing on a Private Road

    The Potential Pitfalls of Purchasing on a Private Road

    Falling head over heels for a house makes the whole VA mortgage process worthwhile. But there are some important things to bear in mind if the object of your affection happens to be on a private road or a shared driveway. These aren't everyday properties, but they're certainly out there and can create a major headache for homebuyers. Should you set your sights on a home like this, make sure you've got a solid unde…

  • Good News: The VA Home Loan Program Continues to Operate as Normal

    Good News: The VA Home Loan Program Continues to Operate as Normal

    There's been a lot of confusion and uncertainty about how a government shutdown will affect VA home loans. To help clarify, the VA released a bulletin to provide guidance to lenders and others, and it would seem to be good news for veterans, service members and military families nationwide. Here's how the Department of Veterans Affairs addressed the question: The VA Home Loan Guaranty Program will continue to…

  • Do I Qualify for a VA Home Loan?

    "Do I qualify for the VA home loan program?" If it isn't the Question of All Questions when it comes to VA mortgages, it's close. Seems like such a simple one, right? The reality is this isn't a "Yes or No" question, at least if you're looking for a thoughtful answer. In fact, you may not know it, but you're actually asking two questions here, and that's at the root of why this isn't black-and-white. What w…

  • VA Homebuyers and Income-Producing Properties

    Update: Our policy guidelines recently changed regarding properties with income-producing attributes. Generally, Veterans United will now loan on properties with income-producing attributes as long as the appraisal doesn't indicate the "highest and best" use of the property is commercial/business in nature. There can't be any marketability concerns with the property, either. Talk with a Veterans United loan offic…

  • Getting a VA Mortgage When You’re Within 12 Months of ETS

    Contrary to some lingering misconceptions, the VA home loan program isn't just open to veterans who've rejoined the civilian world. The reality is thousands of active military members use their VA mortgage benefits every year. In fact, about 30 percent of all VA borrowers are currently serving in the military. Purchasing while still wearing the uniform isn't typically a complicated process. But one circumstanc…

  • The Coolest VA Loan Process Graphic You'll Ever See

    The Coolest VA Loan Process Graphic You’ll Ever See

    The VA loan process can be confusing for first-time homebuyers. The VA loan specialists at Veterans United do a great job of breaking down each step and detailing what prospective VA borrowers should expect. Sometimes it helps to step back and get a holistic view of the lending landscape, from the first steps to the day you close on the loan and pick up the keys to your dream home. One of our talented graphic desi…

  • 4 Steps and a Helpful Calculator for Estimating Your VA Loan Purchasing Power

    4 Steps and a Helpful Calculator for Estimating Your VA Loan Purchasing Power

    A lot of questions start swirling around your brain once you decide it's time to pursue the dream of homeownership. That's certainly normal, especially for first-time homebuyers, who are about to embark on an exciting-yet-unknown journey. One of the biggest questions -- and the first for many prospective VA homebuyers -- is mixed with awe and uncertainty: How much house can I buy? It's an important question, a…

  • My Loan Requires Manual Underwriting -- What Does That Mean?

    My Loan Requires Manual Underwriting — What Does That Mean?

    One of the biggest benefits of the VA loan program is that veterans who've hit a rough financial patch can still qualify for a mortgage. But lenders may need to take a closer look to try and ensure you can handle the responsibility of a monthly mortgage payment. In these cases, you may hear a loan specialist say that your loan will need a "manual underwrite" or to be "manually underwritten." The first question…