VA purchase loans allow you to purchase a home with no down payment and at lower rates on average. VA loans have relaxed credit qualifications and no PMI, making them an attractive option to eligible veterans and servicemembers. ProductRateAPR 15-year Fixed VA Purchase 5.90% 6.15% 30-year F...
Are There VA Home Loans For Disabled Veterans Who Are Rated Incompetent? The VA issues an incompentant rating when it believes a veteran is no longer able to manage their own disability benefits and financial situation. This judgement can happen due a mental disability, advanced age or physical...
There are several things you need to know about a VA loan, a popular benefit of military service. Learn about the VA certificate of eligibility (COE), VA funding fee, PMI and VA refinance options like the IRRRL. Veterans Affairs, or VA, home loans, are a popular benefit of military serv...
VA loans can only be used for a home that you plan to keep as your primary residence. They cannot be used to obtain a rental home, investment property, or second home. They can, however, be used to purchase a two- to four-unit property if you live in one unit but rent out the r...
Overall, VA loans have some of the most flexible gift fund rules, making them an attractive option for eligible borrowers who need financial help. Active-Duty Service Members are at a Higher Risk of Identity Theft Here’s how military service members and veterans can protect themselves and their...
Grossing up tax-free income like VA disability or BAH can boost your qualifying income for a VA loan—helping improve your DTI and potentially qualify for a larger loan. VA Loan Gift Fund Guidelines Overall, VA loans have some of the most flexible gift fund rules, making them an attractive...
Home VA LoansIf you’re a veteran of the United States armed forces, and you’re seeking info on veteran home loans, you’ve come to the right place. I too am a veteran, USMC Sergeant – 0621 from 2004 to 2008. Stationed in Camp Lejeune (J-actionville), and a couple of tours to...
VA home loans are available to active-duty service members, qualified veterans (unless dishonorably discharged), and in some cases, surviving spouses. To be eligible, you need to meet one of these service requirements: You’ve served 181 days of active duty during peacetime ...
Benefits of VA loans include no down payment, competitive rates, and no private mortgage insurance (PMI). VA Loan Affordability Calculator Borrower Info Annual Income $ Basic Allowance for Housing (BAH) $ Monthly Debts $ Down Payment $ Loan Details Interest Rate % Loan Term Additional...
The VLB offers excellent rates, which are posted every Friday afternoon, every week. In addition, they offer a reduced interest rate of 0.05% (1/2%) for disabled veterans who have at least a 30% or greater disability rating. We have been originating Texas Veteran loans for years and we ...