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: July 2011

What Is VA Loan Refunding?

What Is VA Loan Refunding?

If a borrower gets into trouble with his or her VA home loan, there are a number of foreclosure avoidance options available. The VA and personal finance experts all agree that it's best to act as soon as possible when...

Who Approves A VA Loan?

Who Approves A VA Loan?

Applying for a VA home loan can be a bit more complex than a conventional loan, but the perks (including the no money down option) can definitely be worth the additional effort. One of the complexities of a VA loan application...

VA Loans: Refinancing From Conventional Loans To VA Mortgages

VA Loans: Refinancing From Conventional Loans To VA Mortgages

In October of 2008, the President signed the Veterans' Benefits Improvement Act into law. The act provided a variety of changes in benefits for military veterans, including the ability to apply for VA refinancing from conventional home loans into VA...

VA Loan Rules For Lead Paint

VA Loan Rules For Lead Paint

In several recent posts, we've discussed the VA appraisal process and what it means to have a home reviewed by a VA assigned fee appraiser. The appraisal is designed to establish a property's fair market value and make sure the...

VA Loans and Hazardous Conditions

VA Loans and Hazardous Conditions

Everyone who applies for a VA guaranteed home loan hears three things repeated again and again; it's best to prepare for at least a year before committing to a real estate loan, the appraisal process is one of the most...

VA Loan Funding Fees For Refinancing and Other Types of Loans

VA Loan Funding Fees For Refinancing and Other Types of Loans

In a previous blog post we discussed the VA funding fee for new purchase home loans. The Department of Veterans Affairs uses the VA loan funding fee to help reduce the burden on taxpayers and to partially fund the VA...

VA Loan Funding Fee Facts

VA Loan Funding Fee Facts

One of the ways the Department of Veterans Affairs offsets the cost of the VA loan program is through something called the VA loan funding fee. This is a percentage of the loan value paid by the borrower as part...

VA Loan Questions: Spouse Income and Loan Applications

VA Loan Questions: Spouse Income and Loan Applications

One of the more frequently asked questions about VA home loan applications is whether a spouse must submit income information and have a credit report run if that spouse is not using employment and/or income data to help the applicant...

Buying a Home With a VA Insured Mortgage

Buying a Home With a VA Insured Mortgage

In our previous blog post, we covered some of the basic steps needed to start house hunting and what to do when you find a property you want to make an offer on. To buy a home with a VA insured...

First Time Homebuying With a VA Home Loan

First Time Homebuying With a VA Home Loan

If you're considering the purchase of a home with a VA insured mortgage, there are plenty of unanswered questions, but the home buying process itself is also a bit of a mystery to some first-time borrowers. There's no one "right" way...