Not every VA-approved lender works the same way. You could get a better mortgage rate or better customer service with some lenders, for example. It’s possible one VA lender could deny your loan while another one approves it. So narrow down your list of possible lenders by reading customer...
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VA Cash-Out Refinance | Rates & Guidelines 2025 September 13, 2024 Investment Property Mortgage Rates | December 2025 October 16, 2024 Housing Grants for People With Disabilities | 2025 November 14, 2024 The information contained on The Mortgage Reports website is for informational purposes onl...
Conventional loan requirements for 2025 3% Down Payment Mortgages for First-Time Home Buyers Guide to piggyback loans: How a piggyback mortgage works Fannie Mae HomeReady Income Limits | 2025 Freddie Mac Home Possible Mortgage: 2025 Guidelines Freddie Mac’s Home Possible Versus Fannie Mae’s Home...
Debts include your $250 payment for an auto loan, $850 on your new mortgage and $300 on other debts (e.g. credit cards, lines of credit). Your total debts for the month equal $1,400. Divide the $1,400 in debts by your $4,500 gross monthly income for a back-end DTI ratio of...
2025 Kentucky VA Mortgage Guidelines Things to know about getting a VA Mortgage Loan in Kentucky in 2025 Are you a veteran, active-duty service member, or surviving spouse looking to purchase a home in Kentucky? VA mortgage loans are one of the best financing options available for military per...
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Why does your pay matter for VA home loans? Your income directly impacts the amount of money you can take out for a loan — lenders compare your income to your potential mortgage, plus your other debts (car payments, student loans, etc.) The benchmark debt-to-income (DTI) ratio lenders...
The following guidelines apply depending on whether you are keeping or selling your current home. Check your VA loan eligibility. Start here 1. Restoration of entitlement when you keep your current home You can pay off the VA mortgage either with cash or with a non-VA loan and keep the hom...