VA Loans Insider - Page 3
Page 3 of 11 - VA Loans Insider Article Archives
VA loan expert Chris Birk brings you the latest news and tips about your VA loan benefit
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Can You Get a VA Loan With Less Than Two Years of Steady Employment?Stable, reliable income is a requirement for a VA loan, but that doesn’t always translate into two-years of steady employment – especially when transitioning from service.
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Can VA Buyers Borrow More Than a Home Is Worth?First-time VA homebuyers often ask if they can borrow more than a home is appraised for to make improvements. Read more on VA rehab loans and renovations.
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Explaining VA Entitlement: What You've Earned and Why It's Important
VA loan entitlement can be a confusing subject. Here we break down the entitlement types and how that affects your maximum loan amount.
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5 Things That Can Hamper Your VA LoanCredit, debt to income ratio and employment can affect your ability to qualify for VA home loan. Avoid these 5 things that can slow your VA loan process.
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Restoration of Entitlement: How to Reuse Your VA Loan Benefit in FullVeterans may need to seek restoration of entitlement to utilize their full VA home loan benefits. Learn about VA restoration of entitlement in this post.
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Explaining VA Loan Residual Income GuidelinesVA residual income is how much income remains after debts and obligations. VA residual income and dti ratios help determine your VA home loan eligibility. Check out these VA residual income tables.
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VA Termite Inspections By StateA termite inspection is required for almost every VA loan, but the VA does not allow Veterans to pay for them in most states. Look to see if your state requires a termite inspection.
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Can I Have Bad Credit and Still Get a VA Home Loan?Securing a VA loan with bad credit isn't impossible, but it is common for many lenders to have a more stringent credit requirement. Let's take a closer look.
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Short Sales and Seasoning Periods for VA Home LoansMany lenders treat short sales like foreclosures and require a two-year wait before you can get a VA loan. Veterans United has no wait in most cases.
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Getting a Second VA Loan: a Closer Look at Second-Tier EntitlementSecond-tier entitlement allows qualified VA borrowers to purchase again despite default or foreclosure. It even lets veteran homeowners have two VA loans at the same time. First, VA lenders have to determine how much entitlement you have left. Find out more about entitlement and your VA loan eligibility.
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8 Unbeatable Benefits of VA Home LoansThe VA home loan program offers some pretty unbeatable benefits for active military members and veterans that definitely make the program worth exploring when searching for a home.
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Water Quality, Well Tests and Your VA Home LoanLearn how wells and other water sources can require some additional scrutiny in order to satisfy both the VA and lenders during the VA appraisal process.
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Getting a VA Home Loan While Still Serving in the Military
Getting a VA loan while serving in the military is definitely possible. Here we look at some of the major differences and what to expect.
