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 [...]
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.
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
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 [...]
You can now apply to get free credit monitoring services for a short period The service is part of a lawsuit settlement against TransUnion Credit bureau was accused of using credit data to make, sell marketing lists Selling the information is violation of Fair Credit Reporting Act You can sign up today to receive free [...]
By Frank Lozano, VA Loan Specialist, DirectVALoan.com Yes, you can still get a VA Mortgage Home Loan because having no credit is not a sign of bad credit. You will have to prove that you have been paying on four items with no problems for the last 12 months. Items include: Rent, cable, electric, insurance, [...]
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