FHA Loan Requirements VA (Virginia)
Purchasing your first home seems exciting at first. That is until you consider that sizable down payment that often comes with a home purchase. If you’re eyeing your first home but have a low credit...
View ArticleFHA Minimum Down Payment
When you’re purchasing a new home, figuring out how to tackle a big down payment might leave you scratching your head, especially if you’re a first-time homebuyer. Even if you have a great credit...
View ArticleFHA Occupancy Requirements
When you purchase an FHA-insured home, you may have questions about home occupancy requirements. How soon do you have to move in after closing? What if you travel regularly for work and aren’t home...
View ArticleHow to Transfer a VA Loan to an LLC
VA loans are a convenient and flexible way to purchase a home. Naturally, one of the common questions about them is can investors or landlords use them? More specifically, are there any VA loan...
View ArticleAre VA Loans Qualified Mortgages?
After the financial crisis of 2008, a series of rules and regulations were introduced to minimize risky loans. Out of this came a new class of home loans called Qualified Mortgages (QM). This is...
View ArticleCan an Unmarried Couple Get a VA Loan?
One of the most common questions VA loan officers hear is, “Can I get a VA loan with my girlfriend (or boyfriend)?” And the unsatisfying answer is “it depends.” VA loans come with lots of benefits,...
View ArticleAre VA Loans Assumable?
So you’re curious about Veterans Affairs (VA) loan assumption? The short answer is, yes, VA loans are assumable, but there are a number of requirements you’ll need to meet in order for it to be...
View ArticleThe Minimum Credit Score For A VA Loan
As with any mortgage or bank loan, there will be several requirements that the lender will need the borrower to satisfy before a loan is approved. Principle among these requirements is the ranking of...
View ArticleVA Loan Pros And Cons
If you are a veteran of the United States Military or are a surviving spouse seeking a home loan, you have several options to explore. One of these options is a Veterans Affairs (VA) loan, a mortgage...
View ArticleDo VA Loans Require a Down Payment?
If you’re an active service member, veteran, or surviving spouse planning to build or purchase a new home, you may wonder, “Do VA loans require a down payment?” The U.S. Department of Veterans Affairs...
View ArticleDoes the VA loan Cover Closing Costs?
If you’re an active duty service member, veteran, or surviving spouse, you may already know you’re eligible to apply for a VA home loan. Guaranteed by the U.S. Department of Veterans Affairs, VA loans...
View ArticleFinancing a Home as a First Time Home Buyer with a VA Loan
When you’ve finished serving your country, let your country serve you. Depending on your eligibility, the U.S. Department of Veterans Affairs can help with your first-time homebuyer VA loan. The VA...
View ArticleIs There a VA Loan Amount Limit?
If you’re a veteran, active service member, or survivor in search of a home mortgage loan, you may wonder what your VA loan amount limit is. The good news is as of 2020, there are no VA loan amount...
View ArticleAssuming a VA Loan After Death
If you’re the surviving spouse of an active service member or veteran, you can qualify for VA home loan benefits to assume a VA loan after the death of your spouse. You’ll simply need to obtain a...
View ArticleGetting a VA Loan for a Multifamily Property
If you’re an active duty service member, veteran, or surviving spouse, you probably know you’re eligible to apply for a VA home loan to purchase your primary residence. But what about purchasing an...
View ArticleWhat are the VA Loan Requirements in Texas?
Depending on your eligibility, you can secure a VA home loan in Texas if you’re a veteran, active service member, or surviving spouses with the help of the U.S. Department of Veterans Affairs. And...
View ArticleBuying a Duplex with a VA Loan
If you’re a veteran, active-duty service member, or surviving spouse, you may be eligible for a VA home loan to purchase a duplex. Depending on your level of eligibility, the U.S. Department of...
View ArticleCan I Get a VA Loan with My Girlfriend?
With nearly 10% of all home buyers in 2021 being unmarried couples, and around 15% of all home buyers using VA financing to purchase their homes, the question “Can an unmarried couple get a VA loan?”...
View ArticleCan the Child of a Veteran Get a VA Loan?
With home values rising faster than incomes, loan options that offer low down payments are more popular than ever before. And loans that offer zero down payment are even more appealing to many buyers,...
View ArticleCan You Get a VA Loan with a Bankruptcy?
If you’ve experienced bankruptcy, even in the last two years, you may still be eligible for a VA home loan. If you’re a veteran or active-duty service member, the VA wants you to bounce back quickly...
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