Benefit news, VA loan tips and personal finance help from the Nation's #1 VA lender for Homebuyers
The Servicemembers Civil Relief Act (SCRA) is a federal law that provides a range of civil and financial protections for active duty military members. The SCRA provides mortgage rate protections that apply as long as the loan predates enlistment or the period of active duty service.
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.
Credit plays a huge role in the VA loan process. Fortunately for Veterans and active-duty service members, VA loans feature relaxed credit requirements when compared to conventional loan programs.
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.