The loan programs offered through the U.S. Department of Veterans Affairs aren’t available to just anyone. The opportunity to secure a VA loan is an entitlement earned through service, so it makes sense that the nature and duration of your military service is a factor in your VA loan eligibility. If you’re interested in purchasing a home, improving a home, or refinancing with a VA loan, then you’ll need to explore the VA’s service requirements for their loan programs and determine whether your service fits the bill. [Read more…] about VA Loan Eligibility
VA loans make it possible for service members, veterans, and other eligible people to buy, build, improve, or refinance the homes of their dreams. Thanks to the backing provided by the U.S. Department of Veterans Affairs, private lenders are able to offer these loans with favorable terms. You do need to meet certain requirements to secure one, however. The first step is to learn how to get a VA loan Certificate of Eligibility to prove that you qualify. [Read more…] about How to Get a VA Loan Certificate of Eligibility
Do you want to help protect the environment and decrease the size of your carbon footprint by reducing your household’s energy consumption? Or perhaps you would like to keep a little more green in your pocket by reducing your energy bills? With a VA Energy-Efficient Mortgage, you can accomplish both of these goals. [Read more…] about VA Energy-Efficient Mortgage
Thanks to the backing of the U.S. Department of Veterans Affairs (VA), VA loans appeal to a wide range of would-be homebuyers. However, not everyone can qualify, and those who are eligible can only enjoy the advantages of these loans if they agree to fulfill certain requirements. Occupancy is one of these requirements. A VA loan can only be used to purchase a home that will serve as your primary residence, and the property must be occupied by the borrower according to the rules laid out by the VA. Scroll down to explore the occupancy rules for VA loans. [Read more…] about Occupancy Rules for VA Loans
Have you fallen in love with a house that is livable but in need of a little tender loving care? Are you intrigued by the idea of putting your own stamp on a property? Does the house that you already own have the potential to be your dream home with just a few adjustments or upgrades? If you’re a service member or veteran who is hoping to make some renovations to your home, be sure to take a look at the loan programs offered by the U.S. Department of Veterans Affairs (VA). VA renovation loans are designed to help eligible borrowers improve their homes. [Read more…] about VA Renovation Loans
Before the title to a property can be transferred from the seller to the buyer, a significant amount of money must change hands. In addition to the property’s price tag, the buyer needs to prepare to pay closing costs, which are the fees associated with the home purchase that must be paid at the closing of the real estate transaction by either the buyer or the seller. So if you’re planning to purchase a property using the VA home loan program, you will need to learn about VA loan closing costs. [Read more…] about VA Loan Closing Costs
Although the loan programs offered by the U.S. Department of Veterans Affairs are often touted for their numerous advantages, many aspiring homebuyers who are eligible for them don’t realize that there are actually several different types of VA loans. Which one is right for you? [Read more…] about Types of VA Loans
Although moving is a labor-intensive activity that can be disruptive, the prospect of receiving Permanent Change of Station (PCS) orders is one that many members of the U.S. Army greet with enthusiasm. Whether you’re eager to explore novel surroundings or interested in making the most of new opportunities, PCS orders open the door by serving as your ticket to a new location. How often can you PCS in the Army? [Read more…] about How Often Can You PCS in the Army?
When you’re in the US Army, moving is simply a fact of life. Whether you’ve already received Permanent Change of Station (PCS) orders or you want to prepare for the eventuality, it is a good idea to familiarize yourself with the US Army PCS policy. Doing so allows you to explore what a move will involve, contemplate its impact on your living situation, consider your options, and think about what might work best for you and your family. [Read more…] about US Army PCS Policy
How does a VA home loan work? With the promise of appealing terms, competitive interest rates, and no down payment, it’s easy to understand why prospective buyers would find VA home loans intriguing, but these mortgages aren’t for everyone. Would a VA loan be a smart option for you? [Read more…] about How Does a VA Home Loan Work?