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: April 2014

Are You Ready For A VA Home Loan? VA Loan Basics

Are You Ready For A VA Home Loan? VA Loan Basics

If you’re new to the VA loan program and are considering the purchase of a new home with your VA benefits, there are several questions that are good to ask yourself as you get ready for the planning process. Below...

VA Loan Options For Reducing Monthly Mortgage Payments

VA Loan Options For Reducing Monthly Mortgage Payments

If you’re looking for options to reduce the amount of your VA home loan mortgage payments, there are several ways to approach the issue depending on whether or not you have already taken out the loan or not. For example,...

How Lenders Establishes Your Eligibility For A VA Loan

How Lenders Establishes Your Eligibility For A VA Loan

When it’s time to apply for a VA loan, your loan officer has to establish your basic eligibility for the VA loan benefit. The rules on how this is done are found in the VA Lender’s Handbook Chapter Two. Knowing...

VA Joint Loans: A Reader Question

VA Joint Loans: A Reader Question

A reader asks, “My father (who is a veteran) lives with me, never did use a VA loan. Recently we talked about buying a house, he gets a Social Security check every month but I am the one who works...

VA Loan Reader Questions: Community Property Laws

VA Loan Reader Questions: Community Property Laws

A reader asks, “I live Nevada and separated from my husband who lives in Florida. I’m try to purchase a house with my VA, but the mortgage company said because Nevada is a community state that they had include my...

Using Power Of Attorney With VA Loans

Using Power Of Attorney With VA Loans

Imagine a situation where a currently serving military member started the home buying process but got deployed to a war zone before the deal could be closed or before completing some other critical part of that process? How can a...

Qualifying For A VA Joint Loan

Qualifying For A VA Joint Loan

When one or more veterans apply for a VA home loan together, there may be a few VA rules and regulations that apply to these types of loan applications that don’t necessarily apply to others. VA Pamphlet 26-7, the VA...

VA Joint Loan Rules: How Many Units?

VA Joint Loan Rules: How Many Units?

A joint loan between more than one veteran has some options and an important perk borrowers should be aware of when deciding whether or not to apply for such a loan. The rules for VA joint loan procedures are found...

VA Loans For Unmarried Surviving Spouses

VA Loans For Unmarried Surviving Spouses

The VA loan benefit is available for military members and veterans who have served the minimum required time in uniform based on when they joined the military and the nature of their service (active duty, National Guard or Reserve). But...

VA Loan Reader Questions: Vendee Financing Program

VA Loan Reader Questions: Vendee Financing Program

A reader asks, “Has anyone heard any news on the Vendee program being restored?” The program known as Vendee Financing Vendee financing is connected to VA mortgages that have become delinquent and gone into foreclosure. In situations where the homes...