A VA loan can help you achieve your dream of homeownership with more flexible lending criteria. However, these loans are only available for eligible veterans, active duty service members, and surviving spouses. If you’ve used your VA loan before or are considering using your entitlement to ...
This is likely a better option than missing payments, which can hurt your credit score and lead to foreclosure.To avoid falling behind on payments, you can sell the property and try buying a smaller home with a less expensive mortgage. However, the proceeds from selling your home need to ...
a 30-year mortgage will feature lower monthly payments, which may make it easier to afford month-to-month. Certain loan programs also offer reduced or zero down payment options such asVA loansfor veterans orUSDA loansfor rural properties. ...
The government created the VA financing program for returning military members who need assistance in affording a home. Often, it’s hard for military staff to build credit after years of service. With the help of the VA loan program, veterans and service members can secure home financing with...