VA loan expert Chris Birk brings you the latest news and tips about your VA loan benefit
VA rehab and renovation loans are the VA's answer to an aging housing market in the United States. Here we dive into this unique loan type and the potential downsides accompanying them.
VA loan entitlement can be a confusing subject. Here we break down VA loan entitlement, the different types and how that affects your maximum loan amount.
The VA does have a form of home requirements, known as the Minimum Property Requirements, to ensure the property is a safe and sound investment for the homebuyer.
Short sales often get lumped together with foreclosure and its offshoot, the deed-in-lieu of foreclosure. But these aren't the same thing, and that can make a huge difference for homebuyers.
It’s absolutely possible for applicants to earn VA loan approval if they have been employed at their current job for less than two years. But it depends on your specific income and employment situation, the lender and more.
Water testing-related issues can prove especially difficult for homebuyers. Learn about VA water test requirements and what to expect if your prospective home is not connected to a public water system.
Your VA disability rating by itself has no negative effect on VA loan eligibility. In fact, your rating may provide cost-saving benefits and additional income when considering a VA loan, even if you have bad credit.
Restoration of entitlement is not an automatic process, but requires some work from the borrower. Learn about the requirements for restoring entitlement and how you can reuse your VA loan benefits.
The VA has occupancy requirements for veteran borrowers, but there are some exceptions to the rules we'll explore below.
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.
As with any mortgage option, VA loans have pros and cons that you should be aware of before making a final decision. Let's take a closer look.