Expertise and insight to help real estate professionals better serve Veteran and military buyers
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.
Contract contingencies are in place to protect prospective VA buyers from the unknown.
Virtual tours are more critical than ever with open houses and in-person home tours on hold across much of the country because of the coronavirus. Here are five tips to help VA buyers get the most from remote showings during this unprecedented homebuying season.
Most lenders are guided by credit score minimums. For VA home loans, VA lenders often look for a score of 660 or higher, but potential VA borrowers with low credit may still be able to obtain a VA loan. Check out this list of credit score requirements for VA loans, FHA loans, USDA loans and conventional loans.
Rainwater catchment systems are typically a no-go with the VA loan. However, in Hawaii, these systems are common and may meet the VA's appraisal guidelines.
Numerous cities in America offer a high quality of life, but sometimes those cities are not always the most affordable for veterans looking to utilize their VA home loan benefit. Finding a balance between affordability and economic wellness is an important whether you’re a young professional fresh out of college, or a service member looking to relocate.
The VA loan program generates billions of dollars in economic value for military families, communities and U.S. GDP every year. This groundbreaking study shows how recent and future increases to the program’s guaranty fee will harm all three.