Top VA Mortgage Resources

In the most basic of terms, VA Second-Tier Entitlement gives a qualified military person the ability to have two VA mortgages out simultaneously.

The following compilation will provide important VA mortgage facts that are definitely true as well as debunk some commonly believed myths.

The VA minimum property requirements are guidelines for the condition of the property such as adequate heat, a dependable roof, along with other things.

VA mortgage requirements in Wisconsin, Illinois, Minnesota & Florida. Qualify for a Federal VA mortgage loan with no down payment options.

What is a VA No No mortgage, how do I qualify, and what are the advantages/disadvantages? 5 ways to get VA closing costs paid for when buying in California.

For people that meet the requirements a Minnesota VA mortgage beats out other types of home loans in big ways.

I thought I didn't need a down payment? Understanding the terms of a contract with the seller is different from what a bank will allow & lend. More info

There are advantages for those who buy their home with a VA Mortgage.  The most popular is it allows buyers to purchase with Zero down.  This conserves your cash for ...

If you are an Illinois Veteran that meets the service requirements, the debt ratio and the residual income test you could be a candidate for a VA mortgage.

VA Mortgage Resources on bundlr

All properties designated as new, proposed, or under construction must have a valid builder identification number on file with the VA.

What is a VA loan? Many home buyers ask this question. See a complete veteran's guide to home ownership. Tips on how a VA Mortgage works and eligibility.

Lending standards have become increasingly difficult to meet in recent years, and the situation does not look like it is going to change significantly anytime soon. This leaves potential home buyers looking for any opportunity to get they loan they need at a price they can afford. Fortunately for veterans, the VA loan is still around. In fact, these particular loans are more popular than ever and with good reason!

The VA mortgage for qualified veterans is an excellent resource for buying a home. However, since it is a financial product, many rules and guidelines govern how the loan can be used.

Thankfully, the majority of the rules can be easily explained with a bit of patience and time.

I have assembled a list of the most important VA guidelines. Nearly all of these rules and guidelines will apply to a VA mortgage whether it is a purchase transaction or a refinance loan.

Having a good understanding of these rules will make the loan process easier and give you more confidence when you are discussing your options with your mortgage lender.

Are you a Veteran or in the Military? If so, buying a home with a VA loan is one of your best options.

This post by Springs Homes takes you through the details of what a VA loan is, what to expect for closing costs and so much more.