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: November 2012

VA Loan Limits For 2013?

VA Loan Limits For 2013?

The Department of Veterans Affairs annually revises its maximum loan guaranty information--the VA maximum guaranty data for one year may not necessarily be the same is it was for the previous year. This is due to a variety of factors...

VA Expands Criteria For VA Loan Funding Fee Waivers

VA Expands Criteria For VA Loan Funding Fee Waivers

As part of Public Law 112-154, better known as the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012, the Department of Veterans Affairs has changed the way it evaluates applications for VA loan funding fee waivers.

Any...

VA Loans For Seasonal Homes: A Reader Question

VA Loans For Seasonal Homes: A Reader Question

A reader asks, "Hello, My question is about VA home loans.

1. I qualified for a VA home loan in Colorado back in 1993.

2. I paid off the loan in 2000.

3. My wife and I want to buy a second home...

VA Loans and the Holiday Shopping Season: What to Know

VA Loans and the Holiday Shopping Season: What to Know

Today is Black Friday, the biggest retail shopping day of the year and a time when many find incredible bargains at their favorite shops. With people camping out in advance of the post-Turkey Day shopping spree, and many getting their...

Happy Thanksgiving!

Happy Thanksgiving!

From all of us at VANewsBlog.com, have a happy and safe Thanksgiving. We'd like to take a moment to say a special THANK YOU to our nation's veterans and currently serving military members. There are so many men and women...

VA Loan Appraisals: Who Pays For A Second Appraisal?

VA Loan Appraisals: Who Pays For A Second Appraisal?

A reader asks, "I recently had a VA appraisal accomplished on a home I wish to buy. My credit is good and the house appraised at $15,000 above the seller's asking price."

"The house is a geodesic dome construction and is...

VA Loan Scams: A Reader Question

VA Loan Scams: A Reader Question

A reader asks, "We just got this letter about the VA IRRRL program. It says that the number to call is 1-800-949-0101 ext 2316. The notice number is VA 11023693. My wife and I are both retired Majors and...

VA Loan Reader Questions: Occupancy And Rental

VA Loan Reader Questions: Occupancy And Rental

A reader asked us a question over the weekend about VA loan rules for rental and occupancy, writing; "I currently have a VA loan on a house I live in. My family is getting bigger and I need to find...

Remembering Our Veterans and Currently Serving Military Members In Honor Of Veterans Day

Remembering Our Veterans and Currently Serving Military Members In Honor Of Veterans Day

November 11 is the "official" Veterans Day commemoration. From the VA official site: "The Veterans Day National Ceremony is held each year on November 11th at Arlington National Cemetery . The ceremony commences precisely at 11:00 a.m. with a wreath laying...

VA Interest Rate Reduction Refinancing Loans: What You Should Know

VA Interest Rate Reduction Refinancing Loans: What You Should Know

At a time when interest rates on home loans and home loan refinancing are at historic lows, many borrowers are interested in refinancing their VA mortgages.

Is now the best time to refinance? Many say yes, and with a housing market...