Tips and advice to help Veterans and military families get the most from homebuying
While children of veterans are not eligible for a VA loan, surviving spouses may be eligible if they fall into one of the VA’s three basic areas of consideration.
Just like Veterans and military members’ families are eligible for a VA home loan, the U.S. Public Health Service (PHS) and the National Oceanic and Atmospheric Administration (NOAA) are also qualified, meaning they can secure $0 down payment mortgage.
Here we look at how shopping for a mortgage impacts your credit and how lenders, including Veterans United, typically use a different scoring metric compared to credit monitoring tools.
VA loans offer one of the most affordable ways for Veterans and their surviving spouses to become homeowners. Along with low-interest rates and no down payment requirements, you can use them to buy many different kinds of homes, from standard single-family homes and condos to manufactured and modular homes.
Home inspections are an instrumental part of the homebuying process, saving you a lot of time and money in the long run.
Assuming another's VA loan is an intriguing benefit with VA loans. Here we take a look at what an assumption is, the process and who can assume a VA loan.
Manufactured and modular homes are an attractive option for many VA borrowers, but must meet minimum property requirements and other guidelines specified by the lender. Some lenders may not be willing to finance these homes.
Once you reach retirement age, it's common to re-evaluate your financial situation and look for ways to secure your cash flow.
The VA has a form of home requirements known as the Minimum Property Requirements (MPRs) to ensure the property is a safe and sound investment for the homebuyer. Below we break down these requirements and how they differ from a traditional home inspection.
Using your VA home loan benefit for an investment property is an attractive option for many buyers. However, there are a few key considerations to understand at the outset when it comes to multiunit properties.