Tips and advice to help Veterans and military families get the most from homebuying
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.
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.
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.