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: August 2014

VA Loan Down Payments? A Reader Question

VA Loan Down Payments? A Reader Question

A reader asks, “I thought when you bought a home using my VA benefits that there was no money down. If I purchase a home for $204,000 what are the additional costs now? What is this VA funding fee and...

VA Loan Fees and Charges: The Basics

VA Loan Fees and Charges: The Basics

Buying a home with a VA loan means saving and budgeting for fees and expenses associated with the purchase of your new property. VA loan fees include the VA loan funding fee, appraisal fees, any required compliance inspections as a...

VA Loan Occupancy Requirements: A Reader Question

VA Loan Occupancy Requirements: A Reader Question

A reader asks, “We are stationed abroad and my husband may be retiring next summer. We found a house we would like to purchase – can we use a VA loan – does the soldier’s and sailors relief act have...

VA Loan Eligibility Periods For Guard/Reserve Members

VA Loan Eligibility Periods For Guard/Reserve Members

A reader asks, “I was in the Army Reserve and my schooling was 9 months. So I was active duty for 9 months am I eligible. For a home loan through the VA? I was approved years ago but I...

VA Loan Rules For Siblings, Dependent Children: A Reader Question

VA Loan Rules For Siblings, Dependent Children: A Reader Question

A reader asks, “My brother and father now deceased. were in Army. Can I. apply for VA loan. My daughter and her husband looking for a house. can they too also apply?” We get many questions along these lines–can a...