Many first-time homebuyers are surprised to learn there isn't one uniform set of guidelines and requirements for a VA home loan.
Making biweekly mortgage payments can be an easy way for VA homebuyers to pay off the loan faster, reduce interest charges, and build equity.
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.
During this unprecedented homebuying season, thousands of veterans are still closing on VA home loans every single week. But two parts of the process -- the VA appraisal and home inspections -- might look a bit different for some buyers, depending on how the coronavirus is impacting their community.
VA loans to purchase homes increased for the eighth straight year in Fiscal Year 2019, according to data released recently by the Department of Veterans Affairs.
VA loan limits and the VA loan funding fee are in for changes after the passing of the Blue Water Navy Vietnam Veterans Act of 2019. See how changes in Agent Orange benefits are affecting VA loans in 2020.