VA loans are backed by the Department of Veterans Affairs. The government, however, doesn’t issue funds — it only guarantees the loans. This insurance provides extra security for lenders, which allows them to offer veterans more flexibility with VA loan requirements. ...
Fast funding and fair rates on VA home loans, business loans, and personal loans for veterans. Checking your rate will not hurt your credit score.
Funding fee percentage:The funding fee amount is reflected as a percentage of the loan amount. It varies based on down payment and whether you’ve used a VA loan before. The fee ranges from zero (for service-disabled veterans) to 3.6% (for a repeat use of the VA loan benefit). See ...
Is my business eligible for an SBA VA loan? To qualify for an SBA VA loan, businesses must be at least 51% owned and controlled by an individual in one or more of these groups: Veterans (other than those dishonorably discharged) Service-disabled veterans Active-duty military service members...
VA loans have varying eligibility requirements depending on the duration and type of military service performed. Veterans who served on active duty for 90 days during wartime, or 181 or more continuous days during peacetime are generally eligible. ...
Spouses of veterans can also be eligible for a VA home loan under certain conditions, such as if their partner is missing, a prisoner of war, or if they have not remarried after their partner passed away or was disabled due to service. Additionally, spouses who remarry after the age of ...
Mortgages backed by the Department of Veterans Affairs (VA) can be easier to qualify for compared to conventional loans. They also tend to come with lower interest rates, and they don’t require a down payment. Here’s what you need to know about VA loans to see if they’re the right...
While a VA Funding Fee of .5 to 3.6 percent of the loan (based on service and usage) is typically required, certain borrowers—such as some disabled Veterans and surviving spouses—receive a VA Funding Fee waiver. To recap, money-saving features include: No down payment potential No PMI (...
FLORIDA WITH VA LOANS Working as a loan originator since 2003, Shirley has helped over 2000 Veterans with VA Home Loans. She has helped Veterans in almost every situation, including deployed personnel returning home or those with PCS orders. Shirley also helps disabled Veterans who... ...
The Department of Veterans Affairs (VA) offers programs to make life easier for retired or disabled soldiers. One such program is VA Home Loans, which helps veterans, service membe