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: VA benefits

VA Loan Questions: Personal Loans

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

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: Appraisal Appeals

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: VA Loan Funding Fees

VA Loan Reader Questions: VA Loan Funding Fees

A reader asks, “I am the disabled veteran and my husband is a also a veteran but not disabled. My husband has the excellent credit history and salary requirements that will get us the low interest rate. however I am...

Are VA Loans Available As Personal Loans?

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: VA Loan Funding Fees and VA Loan Entitlement

VA Loan Reader Questions: VA Loan Funding Fees and VA Loan Entitlement

A reader asks, “1) Who do I contact to find out how much VA loan entitlement I have left? 2) I put down a significant down payment on a home purchase and my VA funding fee was not lowered. Should...

VA Loan Appraisals: Minimum Property Standards

VA Loan Appraisals: Minimum Property Standards

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...

VA Loan Answers: VA Cash Out Refinancing Loans

VA Loan Answers: VA Cash Out Refinancing 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...

VA Loan Reader Questions: Ready Reserve Eligibility?

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 Questions: Military Income

VA Loan Questions: Military Income

A reader asks, “I understand they ask for 2 years work history. What if you are CURRENTLY on active duty and have only been on active duty for a few months, with no prior work history. Is the 2 year...