VA Loans Archive

Showing 1 - 5 of 216 articles

VA Loan Certificate of Eligibility Guide

homes in a row

A VA loan is an incredible benefit offered to men and women of the armed forces who meet certain eligibility criteria. Not only are the benefits exclusive to veterans, they provide opportunities that you can’t get with other loans, like the ability to refinance your home up to 100% of its worth, no down payments on a home purchase, and more! But to take advantage of the benefits offered by a To qualify for a VA loan, you must have one of t... more

Making Sense of Your VA Loan Entitlement

Housing finance options and information

Contrary to popular assumption, most eligible borrowers start with enough VA loan entitlement to finance a home of up to $417,000. To understand VA Loan Entitlement,veterans should know what it is and what it is not. When used in relation to VA guaranteed home loans, the term “entitlement” is a reference to the maximum guarantee for each eligible borrower that the VA provides to the lender. It is not the maximum VA loan amount a veteran can g... more

Power of Attorney and VA Loans

Discussing finances

Power of attorney can be a very powerful tool when it comes to legal documentation. It essentially means that someone, usually a lawyer, is given the authority to act in your place regarding a specific legal action. There are many reasons why you might want to exercise power of attorney, including not being physically present for a negotiation or signing. Fortunately for veterans, power of attorney extends to loans backed by the Departmen... more

Step-by-Step to a VA Loan: #6 Close and Move In

6 Easy Steps to a VA Loan - Step 6

If you take the six steps to a VA home loan one at a time, you may find that the home buying process is easier than you thought. Learn the DOS and DON’TS of the sixth step: Closing on your VA loan and Moving In. If your VA loan application has been approved and processed, all that’s left to do is close and move in. Closing is an important final step in the process as it allows you to confirm with your signature that you agree to the terms of ... more

Step-by-Step to a VA Loan: #5 Loan Application and Appraisal

6 Easy Steps to a VA Loan - Step 5

If you take the six steps to a VA home loan one step at a time, you may find the process can be pretty smooth. Learn the DOS and DON’TS of the fifth step — Finishing the Loan Application and Appraisal. By now you’ve found the home you want to buy and submitted your purchase contract to your lender. From here on out, your lender does a considerable amount of work, and will be asking you to find and gather documents, documents and more document... more

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More Military Child Summer Camp Info

It’s been a few months since I wrote about free and reduced cost summer camp opportunities for military children, and I have found some more programs that might interest you.  I’m including all the offerings in this post, both the new ones and programs about which we’ve already talked, but I have deleted programs whose […]

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