VA Loans Archive

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Nine Reasons to Choose a VA Loan

Home loan signature line.

With a purchase as long-lasting and expensive as a new home, it's important to research what type of loan works for you. Although different lenders will throw around a lot of numbers, it's imperative that you carefully figure out the bottom line of each option. One major advantage veterans have is VA backing for home loans which comes with a number of elements that conventional loans usually don't have. We've collected the top nine advantages... more

3 Good Reasons to Consider a VA Home Loan

Housing finance options and information

Service members move a lot. A move may take them across the country or to the other side of the globe. When it comes time to buy a place to call home, a Veterans Affairs loan may be able to help them do it for less. Since its inception in 1944, the VA loan program has helped more than 20 million service members and veterans purchase homes, according to the Department of Veteran Affairs. Today, it can provide lower interest rates than traditi... more

Money Saving Tips for VA Home Loans


The VA home loan is most famous for requiring no down payment from those who qualify for the program. Conventional loans underwritten to Fannie Mae or Freddie Mac guidelines require the loan amount to be at least 80 percent of the sales price of the home to avoid private mortgage insurance and higher interest rates. That means a $300,000 home loan using a conventional loan will ask for a 20 percent down payment of $60,000. Yet even though the... more

Using VA Loan Entitlements for the Second Time

Family standing in front of a new home.

The VA home loan benefit is one of the most valuable of all benefits issued to our service members. The program itself is based upon a qualifying veteran's initial entitlement, currently $36,000. The VA guarantees all VA loans up to four times the existing entitlement, or $144,000. For loan amounts above $144,000, the VA guarantee is one-fourth of the loan amounts up to $417,000, higher in areas deemed "high cost." When a veteran applies for ... more

Using Your VA Loan as an Investment

military family in front of house

We sometimes get asked by our loan candidates about if they can use their VA loan as an investment. While the answer to this question depends on what you consider an investment, I can share how I used my VA loan as an investment. Multi-Family Homes The VA loan can be used to purchase up to a 4-unit house so long as it is owner occupied. These homes are also known as multi-family dwellings, and can be referred to as 2, 3, or 4 family houses.... more

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Money Matters


Paycheck Chronicles

15 October 2015 Military Pay

Note:  Including this payday, there are just four military paydays until Christmas.  Plan accordingly! Payday is always a hot topic here at The Paycheck Chronicles, and this pay period is no different.  The next regular, active duty pay day is Thursday, 15 October 2015.  You will hear your friends, neighbors and workmates talking about receiving […]

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