Tips and advice to help Veterans and military families get the most from homebuying
A VA loan is a mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs. Here we look at how VA loans work and what most borrowers don’t know about the program.
Your Certificate of Eligibility (COE) verifies you meet the military service requirements for a VA loan. However, not everyone knows there are multiple ways to obtain your COE – some easier than others.
Buying a condominium with you VA home loan benefit is a great option. However, there are additional requirements that differ from purchasing a single-family residence or a multiunit complex.
Credit score requirements vary by lender. However, most lenders have similar criteria. Let's look at the minimum credit score for a VA loan and what lenders typically expect.
VA loans allow Veterans to have a co-borrower on the loan. Here we break down co-borrower requirements and provide common scenarios around co-borrowing and joint VA loans.
As with any mortgage option, VA loans have pros and cons that you should be aware of before making a final decision. So let's take a closer look
Student loan debt doesn't necessarily make it more difficult to qualify for a VA loan. However, it can impact your VA loan eligibility.
If you’re a self-employed VA borrower, you should be prepared to do a bit more work when it comes to verifying your income and providing proper documentation to support your business. While crucial for confirming your loan eligibility, these verification policies vary depending on the lender.
Building your dream home is a possibility with a VA home loan. But it isn’t always an easy road. Here we take a deep dive into VA construction loans and how you can build a home with a VA loan.
Wondering whether an Energy Efficient Mortgage is right for you? There are a lot of options when it comes to the VA loan, and an EEM is just one of the many ways to maximize your hard-earned benefit.
National Guard members and Reservists can tap into the same VA loan benefit that's helped generations of Veterans and active duty service members achieve the dream of homeownership.
Lenders consider your gross monthly income when evaluating what kind of mortgage you can afford. In other words, they’re looking at your major monthly debts in relation to your pre-tax income.
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