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: certificate of eligibility

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....

Are Electronic Signatures Permitted For VA Home Loans?

Are Electronic Signatures Permitted For VA Home Loans?

Sometimes it takes a while for concepts to catch on. The use of electronic signatures is one such concept that has taken a while to filter in to the mainstream. There are many who have initiated or closed their VA home...

VA Loan Appraisal Rules for Electrical Systems, High Voltage Lines

VA Loan Appraisal Rules for Electrical Systems, High Voltage Lines

There are a variety of frequently asked questions about appraisals, and some of those questions involve the rules covering electrical systems, high voltage and related topics. Since not all homes sold are brand-new, borrowers are right to wonder what the...

VA Loans For Home Repairs?

VA Loans For Home Repairs?

One common question we receive is in regards to the possible availability of VA loans for home repair. Is it possible for a borrower to apply for a VA loan in order to make home repairs or upgrades to the...

Restoring VA Loan Entitlement

Restoring VA Loan Entitlement

Those who have already used their VA loan entitlement to buy a home don’t always keep that home for the entire term of VA mortgage. Do VA borrowers get another chance to use their VA loan entitlement? The short answer...

Can I Get My VA Certificate of Eligibility Online?

Can I Get My VA Certificate of Eligibility Online?

Veterans who have never applied for a VA home loan before soon learn they need a VA Certificate of Eligibility before the lender will allow them to move forward with a VA home loan. This isn't just a requirement set down...

Who is Exempt from VA Loan Funding Fees?

Who is Exempt from VA Loan Funding Fees?

VA borrowers are required to pay a VA loan funding fee, either up front or included in the loan amount. This fee varies depending on the type of loan, the status of the applicant (active duty, Guard or Reserve, etc.)...

VA Loans: Enlistment Verification

VA Loans: Enlistment Verification

Military members applying for VA insured home loans should know about the VA loan rules for service members within a year of their current re-enlistment date. The Department of Veterans Affairs has specific requirements for VA loan applicants currently serving...

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...

Loan Eligibility: Who Else Can Qualify?

Loan Eligibility: Who Else Can Qualify?

In a recent blog post we discussed applying for VA loan eligibility and how it can be done through the lender. Active duty military, retired and separated military, plus members of the National Guard and Reserve who meet the time...