The market gyrations following the United Kingdom’s vote to leave the European Union have an upside for mortgage lenders, as already-falling interest rates are expected to boost home purchases and refinancing.
Refinance your VA loan the easy way — via the program’s streamlined refinance option.
Applying for a home loan and filing for divorce — both are complicated enough as it. Put the two situations together, however, and things can get sticky.
A guide to understanding the ins and outs of VA Home Loans when building your new home.
Buying a home is one of the most exciting purchases we all make in our lives. Homeownership is more than just a financial investment, it is an home investment in family and the future.
The VA Home Loan Program has helped over 18 million veterans and active duty service members achieve homeownership since 1944. After over 65 years of service, the VA Home Loan Program remains one of the most progressive lending programs on the market continually striving to offer military members exclusive benefits they wouldn’t be able to find with other conventional lending programs.
The VA home loan is incredibly effective for eligible veterans, active armed service and surviving spouses as it’s the only financial loan type that gives 100% funding.
There are a number of government programs for veterans that will help you buy a home. If you have been honorably discharged from service, have reasonable credit and an income, you will likely qualify for a home loan guarantee from an agency for veterans affairs.
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.
However, there are many who cannot collect this required amount to be paid as down payment. To help them, there are a few ‘no down payment home loan’ options available.