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 2014

VA Loan Reader Questions: Surviving Spouses

VA Loan Reader Questions: Surviving Spouses

A reader asks, “My husband died, can I use his VA loan to buy a house?” In general, VA loan rules do permit surviving spouses of military members to use the VA loan benefit under certain circumstances. We’ll address those...

VA Announces Increases to Special Housing Adaptations Grants

VA Announces Increases to Special Housing Adaptations Grants

The Department of Veterans Affairs offers grants and assistance programs to veterans with qualifying disabilities. There are two programs designed to help these veterans make permanent alterations to a residence in order to be more accessible, and one grant that...

VA Loan Rules: Who Can Use the VA Loan Benefit?

VA Loan Rules: Who Can Use the VA Loan Benefit?

A reader asks, “I was honorably discharged from the Navy after serving for 4 years. I was wondering if my mom can use my VA home loan to buy build a new house on her land?” The short answer is no. According to...

VA Loan Reader Questions: Credit Requirements and FICO Scores

VA Loan Reader Questions: Credit Requirements and FICO Scores

A reader asks, “I am applying for a VA loan with another veteran and we are unmarried. His credit score is less than stellar. What do think our chances are?” This is a common question which has answers that aren’t...

VA Loan Reader Questions: Construction Exhibits

VA Loan Reader Questions: Construction Exhibits

A reader asks, “My home has not been built yet, and I am waiting on the VA Appraisal. I wanted to know if it is necessary to have an engineered, stapled and signed copy of the blueprints for the appraiser to do the appraisal? “I have the blue...