Yes, you may be eligible for a VA loan. Because of the Veterans Benefits Improvement Act of 2008, veterans who would like to refinance their existing non-VA mortgages into a VA loan may be eligible to do so for up ...
Closing paperwork can be very confusing, but the VA program does have greater restrictions on fees than many other mortgage loan programs. One day prior to the scheduled closing, make sure you request a HUD-1 Settlement Statement. Federal law requires ...
Under the law, you have up to 180 days after you are released from active duty to let a lender know that you were on active duty. You should write your credit card company and send a copy of your ...
The Department of Veterans Affairs (VA) offers loan programs to help servicemembers, veterans, and their families buy homes. The VA does not make loans, but rather sets the rules for who may qualify, arranges the terms under which mortgages may ...
The first step is to be sure that you can afford to buy a home and in what price range. If you are on active duty, make an appointment to see a financial counselor at your local installations Personal Financial ...
The VA has the answer. The VA can help you determine your home loan benefit and issue your Certificate of Eligibility (COE). Visit theVAs websitefor detailed information about eligibility. In addition, many veterans and current servicemembers canaccess their eligibility certification ...
You should consider the advantages and disadvantages of getting a U.S. Department of Veterans Affairs (VA)-guaranteed loan. Some of the advantages, once you qualify, include the ability to buy a home with no down payment (as long as the sales ...
Generally, your VA loan eligibility can be restored if you have paid off your prior VA loan even if the person who assumed it was also eligible for the benefit. Once your eligibility is restored, you may qualify for another ...
VA-guaranteed home loans are available for manufactured homes, though maximum loan amounts vary. Please access the VAs website or call 1-877-827-3702 for further assistance. Manufactured homes are also eligible for government-insured loans offered by the Federal Housing Administration (FHA) and ...
With your Certificate of Eligibility, you have evidence that the VA will stand behind your loan. The VA loan guaranty provides a private lender with the assurance that if something goes wrong and you are unable to make the payments, ...