The VA Will Make Changes In Life-Insurance Accounts.The article reports on the decision of the U.S. Department of Veterans Affairs (VA) to make changes in life-insurance accounts of service members in order to reduce confusion.Wall Street Journal - Eastern Edition...
Disability benefits are available for service-related asbestos diseases. Get answers for common questions related to VA claims & filing for benefits.
Department of Veterans Affairs. Together VA loan benefits will save you thousands or tens of thousands of dollars. There is a longer list of benefits that includes things like the fact that you can use VA loans over and over again throughout your lifetime. It is also extended to the ...
Members of the National Guard qualify for home loan benefits after six years of documented service. Like all active-duty members, reservists and veterans, a current or former member of the National Guard must apply for a certificate of eligibility from the U.S. Department of Veterans Affairs (...
If you're an active military member, Veteran or surviving spouse, you may be able to get a home mortgage loan that is backed by the U.S. Department of Veterans Affairs (VA). VA loans typically offer great rates and come with a host of other benefits. If you think you might qualify,...
VA home loan benefits — no down payment, no mortgage insurance One of the main benefits of the VA home loan is that it requires no down payment, which significantly reduces out-of-pocket expenses. This means you don’t have to spend years trying to save for a down payment while still ...
No private mortgage insurance (PMI) Competitive interest rates The VA home loan can also help existing homeowners refinance into a lower interest rate or cash-out home equity. How does a VA loan work? VA loans are backed by the Department of Veterans Affairs. The government, however, doesn’...
If you’re eligible for a VA loan, you’re lucky to get a low closing cost. The Veterans Affairs limits the closing costs lenders can charge to its applicants. It means VA loan is more affordable than FHA and conventional loans. The money you saved from this transaction is great for mov...
Are backed by the Department of Veterans Affairs Do not need private mortgage insurance Have more flexible loan requirements Only require limited closing costs Have no penalty fee if you pay off your home loan early Allow you to sell your home or refinance without restrictions ...
A“VA loan” is a government-backedmortgageguaranteed by the Department of Veterans Affairs (VA) available to both veterans and active duty servicemembers. The loan program was created all the way back in 1944 and signed into law by then President Franklin D. Roosevelt. ...