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 home loan requirements

VA Loan Rules: Spousal Income

VA Loan Rules: Spousal Income

One frequently asked question about VA home loans involves whether a spouse's income can be counted on the VA loan application for the purposes of calculating the debt-to-income ratio.

It is easy to assume that a VA loan application with spouse...

Can I Purchase a Boat or RV With My VA Loan Benefits?

Can I Purchase a Boat or RV With My VA Loan Benefits?

One common question about VA home loans involves the purchase of properties other than suburban homes. VA loan benefits allow buyers to purchase a condo, mixed-use property, multi-family units, manufactured or modular homes and many other options. Not all lenders...

VA Mortgage Rate Trends For The Week Of September 15 2014

VA Mortgage Rate Trends For The Week Of September 15 2014

Mortgage rates have been trending higher, but there was a significant development on Wednesday as the Fed made a policy announcement that had a definite impact on mortgage loan rates, especially VA mortgage rates. On September 12, we saw best...

VA Loan Reader Questions: Interest Rates

VA Loan Reader Questions: Interest Rates

A reader asks, “I am closing on a home at the end of June and would just like a little help here. I started off working with two different mortgage companies and after looking them both over I decided on...

Qualifying For A VA Joint Loan

Qualifying For A VA Joint Loan

When one or more veterans apply for a VA home loan together, there may be a few VA rules and regulations that apply to these types of loan applications that don’t necessarily apply to others. VA Pamphlet 26-7, the VA...

VA Cash Out Refinancing Loan Purposes: A Reader Question

VA Cash Out Refinancing Loan Purposes: A Reader Question

A reader asks, “I am interested in the Cash-out Refinance Loan. I’m a Veteran but never used VA Loan. I’m a homeowner still paying mortgage. I understand that I can apply for the VA’s Cash-out Refinance Loan to take care...

VA Appraisal Basics

VA Appraisal Basics

VA loan rules for appraisals are found in the VA Lender’s Handbook Chapter 10, which explains a great deal about the process and what’s required. VA appraisals can only be carried out for VA home loans on properties that are...

What Happens If A VA Home Loan Applicant Decides Not To Close The Loan?

What Happens If A VA Home Loan Applicant Decides Not To Close The Loan?

There are many situations where a VA home loan applicant might start the process of applying for a VA home loan, but have a change of mind (or circumstance) along the way and decide to cancel the loan before signing...

VA Loan Maturity Rules

VA Loan Maturity Rules

One important question about VA loans involves when the final payment comes due, and what the maximum length of time a VA loan may be issued for. VA loan maturity rules for maximum maturity dates and related topics are found...

VA Loans For Borrowers With An Existing Home? A Reader Question

VA Loans For Borrowers With An Existing Home? A Reader Question

A reader asks, “My husband and I own a home in CO using a conventional loan. When we were relocated, we opted to turn that property into a rental. However, the loan did not change, and is still a main...