In addition to the inherent benefits of using a VA loan to build a house or purchase a new home, you can take advantage of competitive interest rates and a customer-centric approval process by getting a VA home loan with Griffin Funding....
What are the documents needed for loan approval? Our guide will help you get the right ones organized to make approval smoother for your next loan.
You can also do it yourself by using the VA’s eBenefits portal. One point to remember is that the Certificate of Eligibility is not the same as an approval for the VA Loan guarantee – but it’s close. Once you’ve got it, your lender and the VA will work out the rest of the ...
Certain properties may require VA-approval prior to purchasing with your home loan benefit, like condos or certain multi-family units. Working with an experienced real estate agent who can guide you to approved properties may speed up the purchasing process so you can move into your dream home ...
Written by Michael Stradford Lead Writer for VALoans.com Purchasing an older home can be an exciting endeavor, especially for Veterans seeking a VA loan. But does the age of a home affect a Veteran’s loan approval? If you’re interested in buying an older home using a VA loan, it’...
When applying for a personal loan, you typically need to meet a minimum credit score and income and debt-to-income (DTI) ratio, among other criteria, to get a loan approval. Because these eligibility requirements vary by lender, you can increase your chances of being approved by only applyin...
Understanding Your LES for a VA Home Loan VALoans.com Staff Editorial Team PublishedNovember 1, 2023 17,848 Views VA Loan Manual Underwriting Guidelines VALoans.com Staff Editorial Team PublishedOctober 6, 2023 23,106 Views Prequalification vs. Preapproval for VA Home Loans ...
Is my business eligible for an SBA VA loan? To qualify for an SBA VA loan, businesses must be at least 51% owned and controlled by an individual in one or more of these groups: Veterans (other than those dishonorably discharged) Service-disabled veterans Active-duty military service members...
There is no downside to applying. Checking your rate will not affect your credit score (no "hard inquiry," as the industry puts it). The application process takes just a few minutes. Upon approval of your application and depending on the type of loan you applied for, your money can be ...
The lower the DTI the better, not just for loan approval but for a better interest rate. When you apply for a mortgage, the lender looks at your debt-to-income ratio (DTI). This figure compares how much money you owe (your debts) to how much money you earn (your income). Before ...