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: May 2013

Remembering Those Who Served

Remembering Those Who Served

Today we take a “time out” from our usual posts on VA loans, appraisals, and answering reader questions to remember those in uniform who have given so much. Memorial Day is a time to reflect on what our troops past...

VA Loan Reader Questions: Refinancing A Vehicle

VA Loan Reader Questions: Refinancing A Vehicle

A reader asks, “I have a 2010 Dodge truck at 17 per cent interest. I wanted to see if I could get it refinanced with a VA loan and get a lower interest rate.” This is one of the misconceptions...

Budgeting for Your VA Loan Fees

Budgeting for Your VA Loan Fees

When you’re planning and budgeting for your VA home loan, it’s important to take VA loan fees into account. If you’ve been reading over VA-supplied literature or websites in anticipation of your home loan, you likely already know about the...

VA Loan Answers: Credit and Employment Rules For Self-Employed Applicants

VA Loan Answers: Credit and Employment Rules For Self-Employed Applicants

It’s easy to assume that self-employed borrowers might have a much harder time getting a home loan than those who have traditional jobs, but when it comes to VA mortgage loan applications, is that really true? While there may be...

Using Remaining VA Loan Entitlement For A Second Home Loan

Using Remaining VA Loan Entitlement For A Second Home Loan

A reader asks, “We bought our first home 5 years ago and didn’t use all of our entitlement. We had to move so obviously we don’t maintain that as permanent residence, and we have renters in it currently. Can we...

VA Loan Questions: Personal Loans

VA Loan Questions: Personal Loans

We get plenty of questions and requests about VA loans in our comments section. One recent request came from a reader who writes, “I would like to borrow $10,000 dollar please. My phone number is (removed) and I am a...

VA Loan Reader Questions: VA Loan Funding Fee Exemptions

VA Loan Reader Questions: VA Loan Funding Fee Exemptions

A reader asks, “I am the disabled veteran and my husband is a also a veteran but not disabled. My husband has the excellent credit history and salary requirements that will get us the low interest rate, however I am...

VA Loan Reader Questions: VA Loan Funding Fees and VA Loan Entitlement

VA Loan Reader Questions: VA Loan Funding Fees and VA Loan Entitlement

A reader asks, “1) Who do I contact to find out how much VA loan entitlement I have left? 2) I put down a significant down payment on a home purchase and my VA funding fee was not lowered. Should...

VA Loan Reader Questions: VA Loans and Divorce Issues

VA Loan Reader Questions: VA Loans and Divorce Issues

A reader asks, “My wife and I are both active duty. We are separated, pending divorce, but still legally married. She has applied for a loan on her certificate. I have already signed a document with the title agency stating...

VA Loan Reader Questions: The VA Loan Funding Fee

VA Loan Reader Questions: The VA Loan Funding Fee

A reader asks, “What are the VA fees for the refinance of a VA loan. Not the total closing costs, but the points and/or fees VA charges?” There are a variety of fees and charges associated with VA home loans,...