VA Loan Eligibility VA Loans Insider

  • Patience at a Premium: Purchasing Foreclosures with a VA Loan

    Patience at a Premium: Purchasing Foreclosures with a VA Loan

    With the large number of foreclosed homes on the market these days, more prospective homeowners are looking in that direction to get the greatest bang for their mortgage buck. Purchasing a foreclosure can be frustrating and time consuming, and doing it with a VA home loan brings additional challenges. Sadly, some properties have been neglected as they work their way through the foreclosure process.  And to qua…

  • A Primer on VA Loans and Income

    A Primer on VA Loans and Income

    Service members don’t have to hit any kind of income threshold to capitalize on the home lending benefits earned by their service. There’s also no type of cap. Whether the salary is $25,000 per year or $2.5 million, qualified borrowers have equal access to the VA Loan Guaranty program. But that doesn’t mean that everyone who meets the eligibility requirements gets a loan. VA-approved lenders have to ma…