Active military and veterans can get jumbo home loans guaranteed by the VA. Interest rates are competitive, down payment requirements are much lower, and private mortgage insurance is waived.
A transitional housing program for homeless veterans in Lewiston is scheduled to open this fall, despite some setbacks including a rash of vandalism.
The US Navy veteran was homeless and alone after a difficult divorce. He faced medical bills for leg injuries sustained decades back during training exercises and more bills from treatment for prostate cancer that required two surgeries.
The Department of Veterans Affairs (VA) is celebrating 70 years of investment in the education and economic prosperity of America’s Servicemembers and Veterans.
The U.S. Justice Department broke off the negotiations last week, as it was dissatisfied with the offer made by Bank of America to pay penalties totaling more than $12 billion, including the amount of $5 billion to be put in a consumer relief account.
lmost all VA home loans will be considered Qualified Mortgages that provide lenders a legal safe harbor, according to an interim final rule released last week by the Department of Veterans Affairs.
For the fourth time in 5 weeks, rates for the 30-year fixed rate mortgage rate have dropped, lowering the benchmark rate to its cheapest point in six months.
VA administered loans do not carry restrictionsViewer on income. Mortgage insurance can add quite a bit to your payment, making a VA home loan an even better option compared to conventional or FHA loans.
US Bank has fallen slightly behind BB&T Bank this Tuesday morning as far as low-cost home purchase mortgages are concerned, though in most cases the differences are admittedly rather negligible.
Settling in one place might involve buying a house of one’s own – a hard job to do in the after-crisis.