VA Loans Insider - Page 2
Page 2 of 14 - VA Loans Insider Article Archives
VA loan expert Chris Birk brings you the latest news and tips about your VA loan benefit
-
Restoration of Entitlement: How to Reuse Your VA Loan Benefit in FullRestoration 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.
-
An Explanation of VA Entitlement Codes: What Are They, and What Do They Mean?Learn about the most common types of VA entitlement codes and how they impact your VA home loan eligibility. -
VA Home Loan Assumption: What Buyers Need to KnowVA loan assumption is a powerful benefit for buyers and sellers that you won't find with other mortgage options.
-
Barndominiums and VA Loans: Everything You Need to KnowBarndominiums are a hybrid between a barn and a condominium, making it another home option using your VA loan.
-
Military Service Helps Narrow the Homeownership Gap for Black AmericansBlack Veterans have higher homeownership rates than Black non-Veterans, and the difference in homeownership rates between white and Black Veterans is considerably smaller than the gap between white and Black civilians, according to a review of five years’ worth of Census data.
-
VA Construction Loans: How to Build a Home with a VA LoanBuilding your dream home is a possibility with a VA home loan. But it isn’t always an easy road. Here we take a deep dive into VA construction loans and how you can build a home with a VA loan.
-
2022 VA Funding Fee: Complete Explainer with Charts and ExemptionsThe VA funding fee is a governmental fee required for many VA borrowers. However, some Veterans are exempt, and the fee varies by VA loan usage and other factors. Here we explore the ins and outs of the VA funding fee, current charts, who's exempt and a handful of unique scenarios.
-
VA Termite Inspections By StateThe VA requires a wood-destroying pest inspection for much of the U.S. Learn which states require a termite inspection and who pays.
-
Top 50 Cities for Millennial and Generation Z VA Buyers in Fiscal Year 2021Millennial and Gen Z Veterans accounted for more than half of all VA purchase loans in a record year for this historic benefit program. Gen Z in particular is starting to make its presence felt in markets across the country.
-
Top 50 Cities for VA Loans in the Benefit's Biggest Year Ever
VA loans had their biggest year ever in Fiscal Year 2021, thanks to interest rates near modern-day lows and a wave of younger homebuyers. Check out the biggest markets for this historic benefit program.
-
How to Get a VA Loan as a Reservist or National Guard MemberNational 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.
-
VA Loan Program Backs Record 1.4 Million Loans in FY 2021With a white-hot housing market and low interest rates, Veterans turned to their home loan benefit in numbers never seen before. The average VA purchase loan came in just under $345,000, a 13% increase from last fiscal year.
-
Verification of Employment (VOE) for VA LoansVerification 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.
