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

Tag Archives: ARM loan

VA IRRRL Facts

VA IRRRL Facts

Borrowers who apply for VA home loans are eligible to apply for a VA Interest Rate Reduction Refinancing Loan or IRRRL after they have made a minimum of six mortgage payments and meet other "seasoning" or minimum waiting period requirements...

Employment and Income Verification for VA Home Loans

Employment and Income Verification for VA Home Loans

When a first-time home buyer applies for a VA home loan, they are sometimes surprised to learn how detailed the Department of Veterans Affairs requirements are when it comes to disclosing income, residency and other factors needed to process the...

Why and How the VA Uses Your Private Data for VA Loans

Why and How the VA Uses Your Private Data for VA Loans

In our last blog post I discussed why personal data protected by the Privacy Act is required in order to fill out VA home loan paperwork. The Department of Veterans Affairs and your lender require a Social Security number, an...

Are Adjustable Rate VA Mortgages Still Available?

Are Adjustable Rate VA Mortgages Still Available?

After the housing crisis of 2008, it’s not surprising that many borrowers are leery of adjustable rate mortgages. But in spite of the reluctance of some VA loan applicants to consider a VA guaranteed mortgage or ARM loan, these products...