Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Category Archives: real estate

VA Rules on Minimum Property Requirements

VA Rules on Minimum Property Requirements

In our last post we discussed situations where the Department of Veterans Affairs might waive its minimum property requirements. But some requirements cannot be waived because the directly affect the health or safety of anyone who might live in the home....

VA Loan Assumption and the Novation

VA Loan Assumption and the Novation

In our last blog post we discussed VA home loan assumption and why a veteran selling his or her home should think carefully when considering such a move. There’s a serious issue VA mortgage holders should be aware of when arranging...

VA Rules for Property Appraisal

VA Rules for Property Appraisal

In my last post, I wrote about VA property appraisals and the requirements the VA puts on appraisers. I mentioned the VA’s “no accommodation” rule, which states VA property appraisals cannot include practices that accommodate the sale price of...

How Can I Buy a VA REO Home?

How Can I Buy a VA REO Home?

The Department of Veterans Affairs offers foreclosed homes, also known as REO homes, for sale to veterans and civilians alike. Since the VA insures mortgages under the VA loan program, if the property goes into default and foreclosure, the VA...

What Does a VA Appraiser Look For?

What Does a VA Appraiser Look For?

In recent blog posts we've examined the basics on VA minimum property requirements. When a VA assigned appraiser reviews a home to see if it meets VA MPRs, he or she appraises the property with a set of criteria established...

VA Loans and Second Mortgages

VA Loans and Second Mortgages

VA loans have a variety of uses and flexible options that make them very attractive for first time home buyers. But not every VA loan is a traditional home purchase; some buyers have unique needs that require additional consideration. A...

Can I Have Two VA Loans at the Same Time?

Can I Have Two VA Loans at the Same Time?

Recently a question came in whether it's possible to have two VA home loans at the same time. While the answer depends on a great many things including the nature of the second loan, how much VA entitlement remains and...

Getting VA Loan Eligibility Restored After a Short Sale

Getting VA Loan Eligibility Restored After a Short Sale

ur most recent blog posts have covered topics related to the short sale of a home purchased with a VA loan. It's easy to assume you're locked out of the housing market after having to resort to a short sale...

VA Loans and Realtor Commission: Does The Borrower Pay?

VA Loans and Realtor Commission: Does The Borrower Pay?

A reader asks, “Can seller concessions cover a part of realtor’s commission if it states buyer to pay it in contract?” VA loan rules address this issue in a specific way, but not the way the reader who contacted us...

VA Vendee Financing: A Reader Question

VA Vendee Financing: A Reader Question

A reader asks, "There used to be a Vendee loan program that a Veteran or even Non-Vet to aquire property. What programs are currently available for Vets? Are there limits on how many properties a Vet investor can have to...