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 […]
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Get A VA Mortgage With A 600 Credit Score! While most lenders require at least a 620 or better middle credit score we will do a VA Mortgage with a 600 Credit Score! It’s important to note that VA does not have a minimum credit score requirement so any time you hear a lender say […]
Can You Get A VA Mortgage With An Open CAIVRS Report? Yes you can, depending on your scenario. If you have applied for a VA Mortgage and had your loan denied because of the CAIVRS Report you probably wondered why and what it is. CAIVRS stands for Credit Alert Interactive Voice Response System. The U.S. Department […]
Great News – 100% VA Cash Out Refinances Now Available! Update! – July 17, 2014 • Maximum loan to value for cash-out transaction where the veteran pay offs an existing mortgage and other consumer debts through the closing is 100% of the appraised value of your home. The update is we are now allowing cash […]
VA 2nd Tier Entitlement Or Bonus Entitlement Most people think you can only have one VA loan out at one time but that’s not true under the VA 2nd Tier Entitlement. Here are several examples of how you can use the VA 2nd tier entitlement to buy another home using a VA mortgage. The […]
