A simple story from someone who was interested in a VA loan: "If you have served in the Military, you are able to apply for a VA home loan. This is a very good option and a great way to get into a home. This is the route that we took in order to get into our first house. When we applied for a home loan we knew that we would not be able to bring much to the table. With a VA mortgage you … [Read more...]
VA and FHA Home Buying Tips
VA and FHA Home Buying Tips There has been a recent downturn in the real estate housing market but that can mean great deals for buyers. More houses on the market with less buyers means that the buyers have the advantage. This article can help you find the advantages of home buying and help you to be able to find the house you have always wanted, at a price you can afford. Click Here to Get a … [Read more...]
Top 10 Ways To Speed Up The VA Loan Approval Process
Military families and veterans looking to use their VA home loan benefits have experienced longer than normal processing and approval times in the past one to two years. Prior to our nation's financial crisis in housing meltdown it was not uncommon for mortgages to go from application and in to funding within a few days or even less. If you have tried to buy a home or refinance a home in the … [Read more...]
VA Streamline Refinance Program: AKA The VA IRRRL Program
VA Streamline Refinance Program (aka The VA IRRRL Program) The VA Streamline Refinance is designed to help veterans secure the lowest fixed interest rate available and is also known as the VA Interest Rate Reduction Loan program (IRRRL). This loan option is a way for current VA homeowners to lower their interest rate with very little or no out-of-pocket costs. The VA IRRRL Streamline is … [Read more...]
Are you a Veteran or Active Military? A VA Mortgage Might Be Right For You.
VA loans were designed to help veterans of the armed services, either currently serving in active duty or in the reserves, as well as their spouses. In order to qualify for a VA loan, a veteran must meet the eligibility guidelines set by the Department of Veterans Affairs. VA Loans enable veterans that qualify to put no money down on a mortgage loan up to $417,000. VA Loans are guaranteed by … [Read more...]