Please note that while I have a solid understanding of how the VA disability system works, I am unable to answer specific questions regarding one’s VA disability claims or specific medical conditions. These questions should be addressed by the VA, your medical professionals, or a veterans benefi...
Other options such as conventional loans require 3% down or more, while the FHA requires at least 3.5% down. The popularloan program, also referred to as the GI Bill, has been highly successful and has helped millions of American veterans and their families purchase a home. Let’s learn mo...
What percentage of students graduate? What percentage of recent graduates is late in paying back their loans? Ask college representatives these questions, and don’t just take their word for it. Ask for them to provide the proof behind their promises. Look for statistics and figures on the his...
s equity. A VA cash-out refinance loan replaces your existing mortgage instead of complementing it. Qualified homeowners can choose to refinance up to 90 percent of their home’s value for mortgage debt, or refinance a lower percentage and use the cash to cover debt payments and other needs...
For example, the monthly payment on a $360,000 dollar loan at 7.3% APR would be $3,735. Buying one discount point will typically reduce your interest rate by 0.25 percentage points. If you buy enough points to reduce your rate by 0.5 percentage points, your rate would be 6.8% and your...
The U.S. Government assumes responsibility (guaranty) for a percentage of a loan should the veteran default. The guaranty is similar to mortgage insurance on a conventional loan and the mortgage insurance premium on FHA loans, but unlike those types of mortgage insurance premiums, it does not ...