We now have a VA Renovation Mortgage Available! Now you can renovate your home with the benefits of a VA Renovation Mortgage. Do you have a home in need of minor repairs or updates but no cash on – hand? The VA Renovation Mortgage is designed to help Veterans & the men & women who […]
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VA Recently Released Clarification On Underwriting Guidelines For Unreimbursed Employee Expenses. This is great news & should help more Veterans qualify for a VA Loan. Current VA Loan underwriting standards require all Unreimbursed Business Expenses to be listed in Section D, Debts and Obligation, on VA Form 26-6393, Loan Analysis. In order to be […]
VA Underwriting Guidelines Regarding Student Loans! The clarification will apply to Deferred Student Loans and the new policy will provide guidance for Student Loans in repayment or, to begin repayment within 12 months of a VA Loan closing. Student Loans under certain repayment plan types are described at studentaid.ed.gov. This policy applies to all […]
VA Cuts County Loan Limits For Mulit-Unit Properties in 2017! VA Guaranty Is Based On The One-Unit Limit For 2017 Click Here to check the loan limit in your county. While a Veteran may use the VA Mortgage to acquire a property up to 4-units in size, VA’s County Loan Limit amount will […]
Here’s what you need to know if you’re trying to qualify for a VA mortgage and you’re within 12 months of your ETS. If the date is within 12 months of the anticipated date that the VA Mortgage will close, the loan package must also include one of the following four items, or combinations […]
