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...

Borrowers who find a home they want to buy with a VA loan must wait until the property has been reviewed by a VA assigned fee appraiser before the fair market value of the property can be assigned, and as...

A reader asks, “What are the VA fees for the refinance of a VA loan. Not the total closing costs, but the points and/or fees VA charges?” There are a variety of fees and charges associated with VA home loans,...

VA cash-out refinance loans are different than VA Interest Rate Reduction Refinance loans (IRRRL); these two programs have different purposes and end results, so it’s only logical that different rules would apply to them both. For example, on an VA...

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...

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...

A reader asks, “How about if I purchase a multi-family home, say 4 to six families, that I intend to use as my primary and legal residence? Will the VA guarantee the loan?” The VA loan program allows a single...

A reader asks, “Is there a time limit from the time you bought your home using your VA Home Loan eligibility to being able to refinance it using the VA IRRRL? Is a VA IRRRL basically a paperwork transaction or...

One seldom-discussed type of VA loan is the VA Native American Direct Loan Program. The VA official site describes this as a program designed to help “eligible Native American Veterans finance the purchase, construction, or improvement of homes on Federal...

The VA Interest Rate Reduction Refinancing Loan is an attractive option for home owners with existing VA mortgages who want to get a lower interest rate and/or monthly payment. Preparing for a VA IRRRL means budgeting for closing costs and...