The average closing timeline for VA buyers is marginally different from conventional loans. Here we take a look at the average time to close and what factors play into that timeline.
An earnest money deposit is a deposit of good faith on a home loan from a buyer to a seller. Including an earnest money deposit with your offer is a part of the VA home loan process and serves to protect VA buyers and sellers in a real estate transaction. Learn how earnest money might help you obtain the home you want.
It’s true, the vast majority of VA borrowers don’t need a down payment. But, how’s that work and what’s the catch?
Determining how much you can borrow may be more complex than you realize. Factors including DTI, residual income, and the property’s appraised value all play into this.