Check your VA home loan eligibility. Start here (Dec 27th, 2024) What is a VA home loan? The Veteran’s Administration does not make the loans, but rather backs these loans so that lenders can offer more lenient guidelines to veterans. Because of this backing, private lenders can make loa...
VA Cash-out Refinance.If you have earned equity in your home and would like to take cash out against your home’s value, the VA cash-out refinance is a great option. This loan can also be used to pay off your existing conventional, FHA, or other type of mortgage. Non-VA Loans If ...
September 19, 2024-10 min read The VA home loan: Unbeatable benefits for veterans For many who qualify, a VA loan is the best mortgage option available. Backed by the U.S. Department of Veterans Affairs, VA loans are designed to help active-duty military personnel, veterans and certain oth...
VA IRRRL: All VA rules, guidelines and additional program requirements will apply. Except as provided by applicable VA guidelines, the same parties obligated on the original loan must be the parties on the title and obligated on the new loan. Proceeds from the new loan will only be used towa...
VA renovation loans let you combine the home’s purchase price and repair costs into one loan. The total amount you can borrow is based on the estimated “as-completed” value of the home after repairs. This value is determined by one of two options: ...
If you were dishonorably discharged from service, you may not be eligible for a VA home loan. In addition to the VA’s requirements, we also have our own eligibility guidelines, which include: Certificate of Eligibility 580 FICO score or higher Income qualification (not required for VA ...
VA home loans have eligibility requirements and guidelines set by the Department of Veterans Affairs and individual lenders. Read more to see if you meet the qualifications for a VA loan.
If you have further questions about VA purchase loan guidelines, our knowledgeable loan officers can clarify how this loan program works and determine whether you qualify. If you do not qualify for a VA loan to build a house or purchase a home, Griffin Funding has a variety of other mortgage...
Yet, that buyer could buy a home upwards of $1 million or more. Read on. Click here to have a professional check your county's VA loan limit (Dec 26th, 2024) True VA jumbo loans Veterans don’t need a “true” VA jumbo loan unless their expected loan amount is above the limit for...
By: Craig Berry February 15, 2024 - 5 min read VA jumbo loans: Another great option for veterans If you’re looking to take full advantage of your VA benefits, and you’re VA-eligible, a VA jumbo loan may be an ideal home loan solution. Thanks to VA’s relaxed guidelines and down ...