Subscribe
Tag Archives: military service
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...
What the VA Says About Interest Rate Reduction Refinancing Loans
VA Interest Rate Reduction Refinance Loans or VA IRRRLs can be an excellent way for a VA borrower to get an existing VA mortgage into a lower interest rate, lower payments, or both at the same time depending on the...
VA Loan Reader Questions: Eligibility For VA Loans With Other Than Honorable Discharges
A reader asks, “Can I still be approved for a VA loan if my discharge was OTH?” “OTH” stands for Other Than Honorable, which is a type of military discharge that, as the name implies, is not categorized as “Honorable”...
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...
VA Loan Reader Questions: Minimum Active Duty Service
A reader asks, “I served 2 years ending in 1968. Can I still get a VA loan? Thank you.” The answer to this question in the simplest terms is that any veteran who served between 8/5/1964 and 5/7/1975 are required...
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: Appraisal Appeals
A reader asks, “I am very dissatisfied with my VA appraisal in the calculation of the gross living area square footage. After e-mailing her several times and her making other adjustments which resulted in no difference in the value, she...
VA Loan Reader Questions: VA Loans and Divorce Issues
A reader asks, “My wife and I are both active duty. We are separated, pending divorce, but still legally married. She has applied for a loan on her certificate. I have already signed a document with the title agency stating...
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...
VA Loan Reader Questions: VA Refinance Loans and Eligibility
A reader asks, “I’m in the process of refinancing my house via an IRRRL. Once the process is finalized, I plan on renting the house. Am I eligible to purchase a bigger house with my VA?” There are two basic...
Bruce Reichstein is an experienced VA Loan Mortgage Banker who is passionate about assisting US Military Veterans utilize their Veteran Eligibility to purchase a home.
