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: VA loans

VA Loan Questions: Personal Loans

VA Loan Questions: Personal Loans

We get plenty of questions and requests about VA loans in our comments section. One recent request came from a reader who writes, “I would like to borrow $10,000 dollar please. My phone number is (removed) and I am a...

VA Loan Reader Questions: Appraisal Appeals

VA Loan Reader Questions: Appraisal Appeals

We often field questions about VA home loans via our Facebook page. One reader recently wrote us there, asking the following question: “How do you appeal a bad VA appraisal? Especially if there is an error in your tax assessment...

Are VA Loans Available As Personal Loans?

Are VA Loans Available As Personal Loans?

A reader question that comes in occasionally has to do with the nature of the VA home loan program. Some borrowers want to know if there is a VA personal loan program–small loans made available to borrowers without having to...

VA Loan Reader Questions: Ready Reserve Eligibility?

VA Loan Reader Questions: Ready Reserve Eligibility?

A reader asks, “I am honorably discharged, but only served 15 months on active duty. Does being in the ready reserve count towards qualifying for a VA loan?” The answer to this question isn’t as simple as a yes or...

The VA Law On Occupancy

The VA Law On Occupancy

One of our most commonly asked questions by readers has to do with whether a VA borrower can rent out his or her home purchased with a VA mortgage. While the VA loan rules do not prevent a borrower from...

VA Loan Reader Questions: Spouse Income

VA Loan Reader Questions: Spouse Income

A reader asks, “Can I use my wife’s income if she has been employed less than 2 years? And also, can I use child support she is receiving for another child in obtaining a better chance at approval?” VA loan...

VA Loan Reader Questions: Construction Loan Rules

VA Loan Reader Questions: Construction Loan Rules

A reader asks, “Will the VA loan cover the land and construction, or will I need two separate loans?” VA loan rules explain what can be done with a VA mortgage loan. There are approved uses for a VA loan...

VA Loan Reader Questions: Re-Using the VA Loan Entitlement

VA Loan Reader Questions: Re-Using the VA Loan Entitlement

A reader asks, “If a veteran has already use his VA loan privileges once, and now has sold that home, can he buy another home using VA benefits or is it a one time offer?” The quick answer is “yes”....

VA Loans and GI Bill Benefits

VA Loans and GI Bill Benefits

A common question regarding VA home loans involves whether a borrower can use the monthly housing stipend provided by the Post 9/11 GI Bill program as verifiable income for the purposes of a VA home loan. Since VA loan rules...

Proposed 2014 VA Budget Could Increase, Cut Backlog

Proposed 2014 VA Budget Could Increase, Cut Backlog

The VA official site includes a press release this week that the proposed budget for 2014 could result in a 10% increase in funding for the Department of Veterans Affairs as a whole. While that may not directly translate into...