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

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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 Loans and the Rules on Manufactured Homes

VA Loans and the Rules on Manufactured Homes

There have been a lot of questions and blog posts lately about VA loans for manufactured homes. In some circles, the mobile home isn’t as understood as a real estate transaction as “typical” VA home loans are; often the standards...

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...

VA Loans: Where Can I Purchase A Home Using A VA Loan?

VA Loans: Where Can I Purchase A Home Using A VA Loan?

There are many issues that affect a veteran's decision to purchase a home. When applying for a VA loan, a borrower may be in the middle of a military career with many years to go before retirement, recently separated or...

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: New Construction Loans vs. Existing Construction

VA Loans: New Construction Loans vs. Existing Construction

VA loans for new construction homes have different requirements than VA mortgages for existing construction purchases. In a troubled housing market, some lenders don't see as much demand for new construction loans, and in today's housing market some lenders have...

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...

VA Loan Reader Questions: Termite Inspections

VA Loan Reader Questions: Termite Inspections

A reader asks, “We are currently refinancing our home – and we are using the VA process. They are requesting us to get a termite (WDO) inspection. My question is: Does the VA require this termite inspection? We live in...

VA Loan Reader Questions: Buying Land With a VA Loan

VA Loan Reader Questions: Buying Land With a VA Loan

A reader asks, "Can I use a VA loan to buy land in order to build on?" There are two sections of the VA loan rules which offer guidance for the eligible uses of VA loans. One is Chapter 3...

VA Loans and Other Than Honorable Discharges

VA Loans and Other Than Honorable Discharges

There are several different ways a military member can leave the service. One is to complete 20 years or more of service and apply for military retirement. Another is to simply allow the current term of enlistment to expire without re-enlisting....