Benefit news, VA loan tips and personal finance help from the Nation's #1 VA lender for Homebuyers
Each year, most VA loans are made to veterans. However, active duty service members and those still serving in the National Guard and Reserves can absolutely look to use their VA home loan benefits.
Veterans are turning to their home loan benefit in never-before-seen numbers, driven by rock-bottom interest rates and a surge in refinance interest.
Having homeowners insurance on your property isn’t just a good bet. VA lenders will require you to have sufficient homeowners insurance in place before you can close on a loan.
Closing costs are always part of the mortgage equation. But one of the big benefits of VA loans is that they limit what veterans and military members can pay in closing costs.
It's not uncommon for issues to arise during the VA appraisal process. This doesn't automatically mean the purchase deal will go down the drain. There is flexibility regarding who can pay for these repairs.
Verifying your employment is an important step in establishing eligibility for a VA home loan. However, changing jobs, being placed on temporary leave, or switching careers can all impact the timeline of your VA loan.
Protocol, customs, and traditions are part of the military culture that I truly cherish. It ties me to our history and makes me want to do my part by passing it on to our children and the generations to come. They truly are our future. One guide that helps me to accomplish this is The Army Spouse Handbook – a valuable resource for military spouses and their families.
Common-law marriage is an old concept and an often misunderstood one, but common-law marriages can qualify when it comes to being eligible for a VA home loan.
Contract contingencies are in place to protect prospective VA buyers from the unknown.