The VA doesn’t lend directly but guarantees VA loans! Learn how it works. #VALoanTruths A common misunderstanding is that the VA lends money directly to Veterans for home purchases. In reality, the VA guarantees a portion of VA loans issued by private lenders, unlocking powerful benefits like no down payment. Let’s clear up this myth […]
Browsing Posts in VA Home Loans
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 […]
Are you a Veteran looking to buy a home with a VA loan? Exciting news! The Department of Veterans Affairs (VA) has released updated underwriting guidelines for unreimbursed business expenses, effective June 1, 2016. These changes make it easier for Veterans—especially those earning commission income—to qualify for a VA loan. Let’s break down what this […]
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 Student […]
