A good credit score is an excellent starting point for anyone considering a VA loan. But what exactly is a good credit score? Does the VA have a credit score minimum? How do VA credit requirements stack up against other mortgage options? One of the best benefits of the VA loan program is its relaxed credit requirements. Potential borrowers don't… Full Article
Lead-based paint can raise concerns for any buyer. And for good reason. The ingestion of lead-based paint chips or dust has been linked to nervous system damage, kidney damage, and reproductive problems. The United States celebrated a major public health victory in the 1970s a… Full Article
What does the Department of Veterans Affairs say about homes with pools? For veteran homebuyers and their agents, having a pool is an additional consideration when purchasing a home with a VA loan. There are a few different options for backyard pools. For VA loans, the … Full Article
How can agents and buyers ensure VA appraisal success? It starts with a simple walk around the home's exterior. VA appraisers use “the three S’s” to ensure homes purchased by veterans are move-in ready and in good repair: safe, structurally sound, and sanitary. Homes … Full Article
CREDIT. Encompassing FICO scores, income, debt and employment, 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. Wondering what… Full Article
Real EstateThe VA appraisal is a unique evaluation of properties financed with VA loans in order to determine a fair market value of the property you wish to purchase. The VA appraisal is man… Full Article
The meaning of earnest money is in the name -- it’s a deposit of good faith on a home loan from buyer to seller. An earnest money deposit will set your offer apart from other applicants, and it's generally an accepted part of the VA loan process. Buyer Protection Brea… Full Article
The meaning of earnest money is in the name -- it’s a deposit of good faith on a home loan from buyer to seller. An earnest money deposit will set your offer apart from other applicants, and it's generally an accepted part of the VA loan process. Buyer Protection Brea… Full Article
It’s the “information age,” not the “good information age.” Accurate information on any topic can be hard to find, and the VA loan process is no exception. From inaccuracies posted on message boards to bad blogs, there is an abundance of VA loan myths out there. Let… Full Article
Apartments, condos, manufactured homes, co-ops, single-family homes — modern real estate has come a long way since the days of the one-room shack. The current market offers a wide variety of homes to satisfy any buyer’s desires. But VA loan buyers will need to focus on… Full Article