Money Related Articles

VA Loans Most Popular Articles

VA Loans Archive

Showing 1 - 5 of 221 articles

Six Rock-Solid Benefits of VA Loans

Six Benefits of VA Loans. stick figure carrying a house

When it comes to finding a home for you and your family, getting the best possible mortgage sets you up for success. For those who are eligible, a VA (Veteran’s Administration) mortgage loan offers a number of enticing benefits that may make sense for your home purchase. Here are some of the biggest advantages of VA loans: 1. No money down required. Coming up with a large down payment is a huge barrier for many homebuyers. For a $200,000 home... more

Trouble Making Payments

Man stressed on the phone.

When Payments Cannot Be Made on Due Date Even the most reliable borrowers sometimes fail to meet every payment on its due date, and it is possible that there is good reason for the failure, such as a reduction of earnings or illness in the family. If you find that you will be unable to make your payment when it is due, by all means let your lender know and try to work out a satisfactory plan to make up the payments missed. The lender's frie... more

Getting Approved for the VA Loan You Want

Discussing business

When exploring your VA home loan option, there are several important moving parts. First, your eligibility for the VA home loan must be determined evidenced by your certificate of eligibility, obtained from the VA. You must also have established a credit history and provide your VA lender with a credit report that shows you have the minimum credit score needed to qualify for a VA loan. You will also provide proof you can afford the new monthl... more

VA Home Loan: Do You Have What it Takes?

Suburban brick house.

In order to obtain a VA home loan, you must first get a VA Home Loan Certificate of Eligibility. This certificate is issued only through the Veterans Administration, and is the first step towards applying for your loan. Veterans, active duty, guard or reserve, and military spouses potentially qualify for this certificate. Keep in mind that the Certificate of Eligibility, while necessary, only allows an eligible individual to apply for a home l... more

Veterans May Kiss VA Loan Limits Goodbye

San Diego map

It might soon be possible for Veterans to buy homes priced at one million dollars or more with no down payment using their VA loan benefits. It would take an Act of Congress, but a bill calling for an end to VA loan limits passed the House of Representatives on February 9, 2016 and is on to the Senate. The bill known as H.R. 3016 “Veterans Employment, Education, and Healthcare Improvement Act” could enable more Veterans to take advantage ... more

© 2016 Military Advantage