VA loan expert Chris Birk brings you the latest news and tips about your VA loan benefit
Verification of Employment (VOE) is essential for VA lenders to see that you have a reliable source of income and can make your mortgage payments. Guidelines will vary by lender and borrowers should be aware that some employment scenarios can disrupt the VA loan process.
The VA funding fee is a government fee applied to many VA purchase and refinance loans. Here we take a deep dive into why this fee exists, how much it costs and who is exempt from paying.
Second-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.
With 70% of new homeowners projected to be Hispanic between now and 2040, Census data show the homeownership rate for Hispanic and Latino Veterans is nearly 20 percentage points higher than for non-Veterans.
Whether you're ready to buy a bigger house or downsize, your VA loan benefit is here to help. It's even possible to have more than one VA loan at the same time.
Student loan debt doesn't necessarily make it more difficult to qualify for a VA loan. However, it can impact your VA loan eligibility.
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.
As with any mortgage option, VA loans have pros and cons that you should be aware of before making a final decision. So let's take a closer look
National Guard members and Reservists can tap into the same VA loan benefit that’s helped generations of Veterans and active duty service members achieve the dream of homeownership.
When your loan officer calls to say your loan is Clear to Close (CTC), that means the underwriter has approved all documentation necessary for the title company to schedule the closing and start drafting the Closing Disclosure.
The VA’s loan limits have long been a source of confusion and consternation.