My wife and I are both veterans and trying to purchase a home priced at $580,000. The maximum loan amount in the area is $417,000. I have used my entitlement before but have $57,250 remaining. My wife on the other hand has never used her entitlement so has it in full. We would...
VA entitlement lasts a lifetime If you thought VA loans were only for first-time home buyers, you’re not alone. Many active military personnel and veterans assume this zero-down program is a one-time “use it and lose it” benefit. Fortunately, that’s not the case. Your VA entitlement...
VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home.The Department of Veteran Affairs guarantees a portion of the home loan.This guarantee acts as an alternative to the traditional down payment,...
But most veterans choose to include the fee in their loan amount. Rolling the funding fee into your loan eliminates the need for additional cash at closing. But it also means you pay interest on your fee for the life of the loan and your monthly payments will be slightly higher. Motivated...
My grandfather served in WWII, my uncle served in Vietnam and my nephew will be joining the Army when he completes college in Texas where he is in the Corps of Cadets. We are thankfully to our veterans and those serving in the military for their and their families service and sacrifice....
ARMs can be beneficial for some Veterans, especially those only planning to stay in a home for a short time. However, do your homework or coordinate with a trusted lender to determine what mortgage type is best for you. Adjustable-rate mortgages come with risks that fixed-rate mortgages don...
Veterans who are not eligible for VA health care should look into other health insurance options, such as an employer-sponsored health care plan, health insurance through a spouse, joining a trade organization that offers health insurance, or purchasing an individual health care plan from the Affor...
because nothing ever goes according to plan. We train hard, we work hard and we play hard. It’s the life; you love it, or you leave it. But for many of us, the love of this life has taken a toll on our bodies that’s too great. In these cases, the Veterans’ Administration ...
They also offer a “VA Elite” loan option for veterans and service members with higher FICO scores. These loans offer more competitive rates and pricing. Freedom Mortgage Founded in 1990,Freedom Mortgagehas grown to become one of the top VA lenders in the country, with an emphasis on VA in...
976is recruiting new members. Veterans and family members welcome to join. Party hall rental is free forall members. Call 703-408-9123 and ask for Diane Ramsey. 4206 Daniels Ave, Annandale, VA 22003 (behind the Bank of America building ...