Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Monthly Archives: September 2010

What is a VA Refund?

What is a VA Refund?

When a buyer applies and is approved for a VA home loan, they’re counting on a variety of things in life to remain the same or improve. Nobody makes a financial investment thinking that their job could be eliminated, a...

How Much Do You REALLY Know About VA Loans?

How Much Do You REALLY Know About VA Loans?

Federally-assisted housing programs such as the Department of Housing and Urban Development’s FHA loan program or the Department of Veterans Affairs VA home loan program would seem to be common knowledge. Bankers, real estate agents, government agencies and military bases...

VA Loans and Fair Housing Laws

VA Loans and Fair Housing Laws

Every so often, the Department of Veterans Affairs issues sanctions against a lender or group of lenders for violating VA regulations. One set of regulations lenders are required to follow in order to be qualified to issue VA home loans?...

Are Mobile Homes Eligible For VA Appraisal?

Are Mobile Homes Eligible For VA Appraisal?

In our last few posts we’ve discussed the types of properties eligible to be appraised by the Department of Veterans Affairs for a VA home loan. One type of property we haven’t discussed up til now on this issue? Manufactured homes or mobile...

Properties Eligible for VA Appraisal: New Construction and Under Construction

Properties Eligible for VA Appraisal: New Construction and Under Construction

If you want to buy a property with a VA home loan, it must first be given a VA appraisal. Before that can happen, the lender must determine whether the home meets the criteria--not every property is eligible to be...

New Rules for VA Closing Cost Fees

New Rules for VA Closing Cost Fees

The Department of Veterans Affairs has many safeguards to protect VA loan applicants from predatory lending, from being enticed to apply for a more expensive loan than the borrower can realistically afford, and now from signing a VA loan contract...

VA Loan Fees: Are They Refundable?

VA Loan Fees: Are They Refundable?

When a veteran or active duty service member applies for a VA home loan, a process begins that costs a fair bit of money above and beyond the amount the seller offers for a particular property. The VA loan funding...

How Much is the VA Loan Funding Fee?

How Much is the VA Loan Funding Fee?

VA home loans are funded in part by taxpayer dollars, but also by the VA loan funding fee which the buyer pays as part of the cost of the VA home loan. Some buyers are exempt from paying the VA...

Who is Exempt From the VA Loan Funding Fee?

Who is Exempt From the VA Loan Funding Fee?

The Department of Veterans Affairs offers VA home loans to qualified veterans and their families—that’s common knowledge. What’s not so well known is how the government can afford to pay for this program. The VA loan program is paid for...

Comparing VA Refinancing Loans

Comparing VA Refinancing Loans

VA refinancing loans are quire popular these days, thanks in no small part to a troubled economy, current unemployment numbers and a host of other factors. The Department of Veterans Affairs offers two major refinancing options, each one with different...