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 2013

VA Loans With Dependent Children: A Reader Question

VA Loans With Dependent Children: A Reader Question

A reader asks, “I have my VA Loan eligibility certificate. I have never used my VA Loan. Can I use the VA Loan with my son?” VA loan rules allow a veteran and spouse to be obligated on the VA...

Happy Thanksgiving!

Happy Thanksgiving!

From all of us at VA Loan News Blog, have a safe and happy holiday weekend. Our regularly scheduled posts return tomorrow. Today is a good day to remember those who are serving overseas and cannot be home with friends and...

VA Loans and Appraisals-What Do They Cover? A Reader Question

VA Loans and Appraisals-What Do They Cover? A Reader Question

A reader asks, “What does a VA home inspection cover? My son just bought a home using his VA Loan. The electric panel box has failed. He is replacing it now. The panel box has been a problem for many...

VA Minimum Property Requirements Update: Water and Sewage

VA Minimum Property Requirements Update: Water and Sewage

The Department of Veterans Affairs has a VA minimum property requirements update for water and sewage. In VA Circular 26-13-24, we find an update that includes the following: “Historically, for properties on individual water and/or sewer (septic) systems, connection to...

VA Loan Funding Fees: A Reader Question

VA Loan Funding Fees: A Reader Question

A reader asks, “Please clarify…I bought a home in 2013 using my VA loan benefit. Is the VA loan Funding Fee a tax deductible item in filing my taxes for 2013?” There are several areas that we get questions about...

VA Cash Out Refinance Loans: Some Basics

VA Cash Out Refinance Loans: Some Basics

VA Cash-Out Refinancing loans are available for qualified applicants for any type of home loan refinance including existing VA mortgages, conventional loans, even FHA-insured loans. Borrowers may take cash out on the refinancing loan once the original mortgage has been...

VA Loan Funding Fee Questions

VA Loan Funding Fee Questions

  There are many questions borrowers have about VA loan funding fees. The most common is simply, “how much will I have to pay for the VA loan funding fee?” Unfortunately there is no set dollar amount, as the funding...

VA Loan Fees: Duplicate Charges

VA Loan Fees: Duplicate Charges

When you buy any home, there are fees and expenses associated with that loan. VA home loans and refinancing loans are no different, but the Department of Veterans Affairs does include some consumer protection type rules to keep the home...

VA Farm Loans: A Reader Question

VA Farm Loans: A Reader Question

A reader asks, “What are the restrictions which govern the purchase of farmland and building of a second home on that land?  How much land can you purchase?” VA Pamphlet 26-7 has the regulations that cover VA insured mortgage loans...

VA Loans and Local Building Codes: A Reader Question

VA Loans and Local Building Codes: A Reader Question

A reader asks, “I am looking at a specific house and the basement has a bathroom in it but behind a door in the basement there is the electrical breaker box. The house was built in 1974 and this was...