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
Types of VA Loans
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
How Often Can You PCS in the Army?
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?
US Army PCS Policy
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?
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?
VA Home Loan Requirements
Backed by the U.S. Department of Veterans Affairs and issued by private lenders, VA loans have allowed scores of aspiring homeowners to purchase their dream homes. Is a VA loan an option for you? Learning about VA home loan requirements is the first step in discovering whether or not this type of mortgage is right for you. [Read more…] about VA Home Loan Requirements
PCS with a VA Loan
You have Permanent Change of Station (PCS) orders. You also have a home purchased with a VA loan. This isn’t a particularly unusual situation, but it does mean that you need to make some decisions. What are your options when you’re undergoing a PCS with a VA loan? [Read more…] about PCS with a VA Loan
How to Get a VA Loan with Bad Credit
When it comes to securing a mortgage, your credit history matters. Borrowers with excellent credit can expect to be offered more options and better terms, but you aren’t necessarily out of luck if your credit is less than stellar. Are you eligible for a VA loan? If so, exploring how to get a VA loan with bad credit should definitely be on your list of things to do. Because this type of loan is guaranteed in part by the U.S. Department of Veterans Affairs, VA loans generally come with favorable terms and more forgiving standards. [Read more…] about How to Get a VA Loan with Bad Credit
Things to Do to Prepare for a PCS Move
You’ve just received your Permanent Change of Station (PCS) orders. What do you do now? Moving is always an adventure, and it’s one that members of the military tend to embark on frequently. To increase the odds that your next adventure runs smoothly, it’s time to think about the things to do to prepare for a PCS move. [Read more…] about Things to Do to Prepare for a PCS Move
Second-Tier Entitlement and VA Loans
Many veterans are aware that their service earns them an entitlement that opens the door to securing a home loan backed by the U.S. Department of Veterans Affairs (VA). However, the existence of a second-tier entitlement isn’t as widely known. This additional entitlement can strengthen your purchasing power and expand your options, so it is definitely worth exploring. [Read more…] about Second-Tier Entitlement and VA Loans