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Tag Archives: VA benefits
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: 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
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?
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
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
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 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?
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
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...
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.
