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 2013

VA Loan Funding Fee Exemptions For Qualified Disabled Veterans

VA Loan Funding Fee Exemptions For Qualified Disabled Veterans

One very important VA benefit for certain qualifying veterans is the exemption from having to pay the VA loan funding fee when purchasing a home with a VA mortgage. Veterans who receive or are eligible to receive VA compensation for...

VA Loan Fees: What You Should Know If The Loan Does Not Close

VA Loan Fees: What You Should Know If The Loan Does Not Close

A VA loan applicant finds a home, negotiates with the seller, and works with a lender. In most cases once the loan is approved and the process begins moving towards a closing date, it’s just a matter of working out...

VA Loan Reader Questions: Interest Rates For Refinance Loans

VA Loan Reader Questions: Interest Rates For Refinance Loans

A reader asks, “I would like to know more about the refinancing and credit check. I own a home in which I only owe around $80,000 fairly new, built 2003. I’m at around 7.4%, can I refinance and pay this...

VA Loan Appraisal Questions: High Voltage Power Lines

VA Loan Appraisal Questions: High Voltage Power Lines

A reader asks, “Are there restrictions on proximity to power/transmission lines?” This question is asked in relation to the Department of Veterans Affairs minimum property requirements or MPRs that govern safety issues connected with the home. When a property is...