VA Loans Insider Page 6

  • Buying During a Deployment: Power of Attorney and VA Loans

    Buying During a Deployment: Power of Attorney and VA Loans

    When it comes to achieving the dream of homeownership, active duty military members don’t have to miss out because they’re proudly serving our nation abroad. Service members who are deployed to other parts of the world can purchase a home without actually being in the country, let alone doing a walk-through. The key is Power of Attorney. Using POA Most military personnel and family members are at lea…

  • A Conversation with the Country’s Veteran Housing Chief

    The historic VA home loan program is in the middle of an incredible stretch. The Department of Veterans Affairs backed its 20 millionth loan in October 2012. The program set an all-time record for loan guarantees in FY 2013, and it's on the verge of breaking that just two years later. Veterans and service members are turning to this flexible, $0 down home loan like never before, driven in large part by a tough and unwelcoming credit environment.  VA loan volume has soared since the ho…

  • Specially Adapted Housing Grants Help Disabled Vets Retrofit Properties

    Specially Adapted Housing Grants Help Disabled Vets Retrofit Properties

    Disabled veterans can face unique challenges. Acquiring accessible housing shouldn’t be one of them. That’s why the Department of Veterans Affairs offers the Specially Adapted Housing (SAH) Grant and the Special Housing Adaptation (SHA) Grant to help disabled veterans offset the cost of specially adapted housing. To be eligible for this grant, the VA requires a veteran to be entitled to or currently …

  • Property Tax Exemptions for Veteran Homeowners

    Property Tax Exemptions for Veteran Homeowners

    Our loan officers frequently receive questions concerning potential property tax breaks for military homeowners. This is definitely something prospective and current homeowners should look into closely. Using your VA home loan benefits to unlock the door to your dream home is a great first step, and it's one you should act on now. But tax breaks can save you hundreds as well. Property taxes are one of the…

  • Are Simple Errors on Your Credit Report Killing Your Score?

    Are Simple Errors on Your Credit Report Killing Your Score?

    Credit reports are often littered with errors. A survey conducted in 2012 by the Federal Trade Commission (FTC) found that one in five consumers had an error on at least one of the three credit reports they requested. The survey, which looked at 2,968 credit reports from 1,001 consumers also found that: One in four (25%) consumers identified errors on their credit reports that might affect credit scores; Twenty…

  • VA Home Loans & Same-Sex Marriage

    VA Home Loans & Same-Sex Marriage

    The VA Loan Guaranty program recently updated its policy on same-sex marriage, a move that will likely streamline the process and broaden access to this historic home loan benefit. In short, the VA's guidance to lenders is essentially: A married applicant is a married applicant. Moving forward, VA officials will apply the same level of scrutiny to all veterans and service members who identify as married, regardles…

  • Veterans United Live With Keller Williams: Creating a Military-Friendly Experience

    Veterans United Live With Keller Williams: Creating a Military-Friendly Experience

    Watch our live conversation above. Full transcript below. There are thousands of veterans and military members looking to buy homes every day. They need real estate agents who understand their unique needs and the homebuying benefits they've earned. Veterans United was proud to join leaders from Keller Williams Realty for an important conversation about creating a military-friendly homebuying experience.…

  • Debunking the Myth That VA Home Loans Cost More

    Debunking the Myth That VA Home Loans Cost More

    You could fill a book with all of the myths and misconceptions surrounding VA home loans. One of the most persistent is the belief that VA loans inherently cost more than other types of mortgages. Whether it's because of the $0 down benefit, or the fact that there's no mortgage insurance, or that it's a government-backed loan, there's a pervasive sense that veterans will either pay more to get a VA loan or pay mor…

  • 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 to Count Overtime Income Toward a VA Home Loan

    How to Count Overtime Income Toward a VA Home Loan

    Income isn't everything when it comes to getting a VA home loan, but it's a pretty important factor. Obviously, you have to be able to afford the monthly mortgage payments and have enough money left over each month to take care of regular expenses (better known as residual income). Lenders will want to make sure the money you're bringing home is stable, reliable and likely to continue. Otherwise, banks and lending…