What is the limit on these loans anyway? An easy guide to know how much you can get a loan for. Lets get to Brass Tax here. The maximum guaranteed on a VA loan is 240,000 and while this might buy a fairly large sized house in most areas of the country, high priced markets [...]
Clearly one of the best programs available to those who were honorably discharged from the US military is the VA’s mortgage loan program. Get the details now!
The VA Home Loan program has helped more than 19 million veterans become homeowners since 1944. Even during difficult economic times, VA loans made home buying a streamlined and relatively hassle-free process for military homebuyers.
For almost 70 years, these loans have helped level the playing field for American service members. Today, the VA loan program is more important than ever before, as borrowers turn to safety, security and buying power of these government-backed loans.
VA home loans Veterans, active duty personnel, and surviving spouses receive many benefits for putting their lives on the line for their country. If you are considering financing a home, you can take advantage of the benefits of VA home loans. With several benefits over a conventional loan, VA home loans are easy to attain [...]
Service members who qualify have until April 30 to sign a purchase agreement on a home and until June 30 to close on their mortgage loan in order to secure the $8,000 tax credit for first-time buyers or the $6,500 tax credit for current homeowners.
Lenders have tightened their credit requirements creating a situation where what was once considered a good credit score will no longer cut it. Have you checked your credit score lately? If the answer is no you’re not alone. I’m not advocating expensive credit monitoring services, but what I am suggesting is an understanding of the variables that effect your credit score. Once you have a handle on the basics it’s actually quite simple to build and maintain a good credit score
By Fred Davis Laurie Lopez is exasperated with her family’s home search. She and her husband John, a 4-year veteran of the United States Navy, are both in their early 30s, have good credit, good jobs and have already been approved for a $225,000 home loan by their mortgage company. Problem for them is, they’re [...]
I read your well written article, “Are You Eligible for a VA Home loan?” on the VeteransToday.com website. I appreciate your willingness to share your expertise. That is very magnanimous of you! I am impressed that you are willing to take questions. I understand you would be providing me general answers, just based on yet [...]
The VA Vendee Loan program is for properties that have gone into foreclosure, and are actually loans given by the Veteran‘s Admin. The administration still has to approve the loan based on the usual criteria such as credit history, income, and debt. Anyone can apply for these loans, whether military or civilian. There is a [...]
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