Because VA home loans are guaranteed by the federal government, VA-approved lenders (which are private companies) can lend with greater flexibility. Available to only current and former US service members or veterans (and some surviving spouses) who meet eligibility requirements, the VA home loan ...
Cash out refinance loans allow borrowing against home equity to pay for school, pay off debts or make home repairs. Adapted Housing Grant helps veterans with disabilities caused during service to purchase a home or modify an existing one for their disability.VA...
And for Veterans with a 30% or greater VA disability rating, the rate drops another 0.5% which starts getting close to the rates for ARM loans, but these are fixed rate loans. And the great thing about a Texas Veteran Loan, is they are usually underwritten with the same guidelines as VA...
Homes for Heroes has been helping veterans for more than 20 years and our local mortgage specialists are adept at navigating Veteran homes loans through the VA. “Overall great experience. I was able to use the Homes for Heroes program along with my VA loan and purchased the home of my dre...
VA loans For veterans or spouses of veterans, the Department of Veterans Affairs offers VA loans that come with several benefits, such as no down payment and no private mortgage insurance (PMI). Social Security income is acceptable for meeting the loan’s income requirements, making it a viable...
A mortgage for veterans and service persons. The loan is guaranteed by the Department of Veterans Affairs (VA) and requires low or no down payment. Vacancy Rate The percentage of all units or space that is not leased, not rented or is unoccupied. Vacant Land Land that is not currently bei...
VA home loans offer veterans and current service members advantages over other homebuyers. For instance, on a $250,000 purchase, the homebuyer would pay these down payments at a minimum*: VA: $0 Conventional: $12,500 FHA: $8,750 In addition, here’s what a home buyer would pay in mon...
The VLB offers excellent rates, which are posted every Friday afternoon, every week. In addition, they offer a reduced interest rate of 0.05% (1/2%) for disabled veterans who have at least a 30% or greater disability rating. We have been originating Texas Veteran loans for years and we ...
According to the Department of Veterans Affairs, VA loans have “competitively “low-interest rates”You might consider conventional loans when you have 20% to put down with an automated approval/AUS because you won’t have private mortgage insurance, and there is a chance your interest rate cou...
Veterans with a 10% or greater disability rating are exempt from the VA funding fee. Veterans living in Florida who have a 100% disability rating may be eligible for a complete exemption from taxes on their personal home. Other benefits apply for those with less than 100% disability.Click He...