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
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?
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
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
If you are looking to buy or refinance a home, you will need to contemplate your loan options. Although some people watch the market to try and borrow when rates are low, many overlook one important quality that could help them save big: being an active-duty member of the U.S. military or a veteran. If you are or were a member of the armed forces, then you’re in luck. Interest rates for VA loans are amongst the lowest on the market (for the full eligibility requirements for VA loans, please click here). Plus, VA loans offer a host of other benefits. Once you see how the interest rates for VA loans compare to other mortgages, you might wonder why you haven’t looked into them sooner!
[Read more…] about Interest Rates for VA Loans
Offered through the U.S. Department of Veterans Affairs (VA), VA loans are an appealing option for many prospective homebuyers. Because the VA stands behind these loans, they tend to come with attractive terms. In fact, securing this form of financing can free you from the worry of amassing a down payment or paying private mortgage insurance. It could also help you enjoy lower interest rates, resulting in substantial financial savings over the lifetime of the loan. So if you believe you may be eligible for this type of mortgage, we encourage you to learn how to qualify for a VA loan before you purchase your next home.
[Read more…] about How to Qualify for a VA Loan