One unique item you'll need is a VA certificate of eligibility. The certificate of eligibility is a document from the Department of Veterans Affairs that shows you meet the service requirements for a VA loan. You can request the document through the VA, or ask a VA mortgage lender to get...
Your home must be worth more than the amount you owe for standard conventional loan refinancing. A lender will usually require an appraisal to estimate the home value. Home equity is the difference between your mortgage balance and the value of the home. If you’re refinancing a conventional ...
VA loans offer generous benefits: no minimum down payment or private mortgage insurance. The credit qualifications and other financial requirements also are more lenient, making them an attractive option for eligible borrowers.But who can get a VA loan? And how does one qualify for a mortgage ...
Is the VA IRRRL program worth it? As with any refinance, using the VA IRRRL results in a brand-new loan. So your mortgage will start over at 30 or 15 years, depending on which loan term you choose. But using the VA IRRRL is worth it for many homeowners. That’s because today’s ...
Some are still more than happy to serve good borrowers with these products. You just have to be persistent in your search for one. Read on for ideas that might help you get the loan you want. Click here to check today's low VA loan rates and request a mortgage pre-approval (Feb 26th...
life if they are paying a VA loan mortgage that is too high. The VA also knows that it is difficult to keep perfect credit and uses the VA requirements to qualify you.VA Loan Desk is allowing our military, veterans and military spouses the chance to fulfill their desire, to own a home...
A VA loan is a mortgage loan available through the U.S. Department of Veterans Affairs for service members, veterans, and their surviving spouses.
Improve your credit score: A higher credit score can improve your loan terms and increase the loan amount you qualify for. Refinance your current home: If you already own a home, refinancing to lower your current payments can free up more income for a new mortgage. Everyone’s financial situ...
VA MortgageRates, Eligibility & Requirements VA Loan Eligibility VA Loan Advantages VA Refinancing Why MilitaryVALoan.com? Are You Eligible for a VA Home Loan? Your commitment and bravery as a Servicemember or Veteran of the U.S. Armed Forces has earned you incredible home buying benefits. But...
FHA Loan articles and updates for first time homebuyers, homeowners looking to refinance an existing mortgage, and anyone looking to learn how to buy a home with a low down payment mortgage.