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: October 2010

VA Loans and VA Refinancing for Surviving Spouses of Military Members

VA Loans and VA Refinancing for Surviving Spouses of Military Members

Depending on when a VA loan applicant gets their first VA mortgage, it’s likely that one important question never comes up in the process, but it’s well worth asking anyway—even if it’s just to file the answer away for future...

An Important Change To the VA Loans Program

An Important Change To the VA Loans Program

One of the best things about the VA home loans program is that it changes with the times. The Department of Veterans Affairs frequently issues press releases and announcements about changes to the VA home loan guaranty program; many changes...

What Happens If I Don’t Agree With the VA Appraisal?

What Happens If I Don’t Agree With the VA Appraisal?

Sometimes getting a property appraised can make for a nervous experience.. After all, VA home loan amounts depend greatly on the Notice of Value—if the fair market value of a home differs from the asking price, the final amount of...

What Is VA Loan Amortization?

What Is VA Loan Amortization?

First time home buyers and VA mortgage applicants have a universe of new vocabulary to learn. It’s one of the “occupational hazards” of buying a home—there’s a lot to learn for the newcomer. Amortization is one of the terms new house...

VA Refinancing Options You Didn’t Know You Have

VA Refinancing Options You Didn’t Know You Have

Veterans have many refinancing options open to them when it comes to VA refinance loans. There are programs available on a short-term basis that allow vets to refinance non-VA loans in the same way other borrowers can use the Making...

Answers to This Week’s VA Loan Quiz

Answers to This Week’s VA Loan Quiz

Our quiz this week was all about who is eligible for a VA home loan and when. Because the rules for VA home loan eligibility differ according to whether you're active duty, Guard or Reserve, or a surviving spouse of...

VA Loan Quiz: Who Can Apply For a VA Home Loan and When?

VA Loan Quiz: Who Can Apply For a VA Home Loan and When?

It's time for another VA Loan Quiz to test your knowledge and help fill in any gaps in your understanding of VA loan basics. Today's quiz is all about who is eligible for a VA home loan and when--one of the...

Why Would the VA Deny My Loan Application?

Why Would the VA Deny My Loan Application?

There are many reasons why the Department of Veterans Affairs could turn down a VA loan application. Some of the most obvious reasons include debt-to-income ratios that are too high---any applicant who has a ratio of more than 41% requires...

VA Loans: When Does the VA Say NO to a Loan Application?

VA Loans: When Does the VA Say NO to a Loan Application?

The VA has a list of loan purposes it will definitely approve for qualified borrowers, but it also has a list of things it won’t approve a VA mortgage for; knowing the difference can be a big help for house...

What Are The Basic Elements of a VA Home Loan?

What Are The Basic Elements of a VA Home Loan?

The basic elements of a VA home loan are, like many other loan products, fairly simple. The reason these basics confuse the first time home buyer has as much to do with just getting familiar with the VA loan process...