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 loan reader questions

Can a Veteran and Fiancé Get a VA Loan Together?

Can a Veteran and Fiancé Get a VA Loan Together?

There are many different circumstances under which you can get a VA loan. Some veterans apply for the loan by themselves without a co-borrower or co-applicant. Others want to apply for a VA loan with one or more fellow veterans,...

VA Loan Reader Questions: Pending Judgment and Loan Approval

VA Loan Reader Questions: Pending Judgment and Loan Approval

A reader asks, “Can you get a VA loan if there is judgment against you or pending?” Chapter Four of the VA Lenders Handbook has a great deal to say about a variety of credit issues. Borrowers are expected to...

VA Loan Reader Questions: Surviving Spouses

VA Loan Reader Questions: Surviving Spouses

A reader asks, “My husband died, can I use his VA loan to buy a house?” In general, VA loan rules do permit surviving spouses of military members to use the VA loan benefit under certain circumstances. We’ll address those...

VA Loan Rules: Who Can Use the VA Loan Benefit?

VA Loan Rules: Who Can Use the VA Loan Benefit?

A reader asks, “I was honorably discharged from the Navy after serving for 4 years. I was wondering if my mom can use my VA home loan to buy build a new house on her land?” The short answer is no. According to...

VA Occupancy Rules: A Reader Question

VA Occupancy Rules: A Reader Question

A reader asks, “When purchasing a home with a VA loan. What is considered a ‘reasonable time’ in which you must occupy the home? Also can you have a dependant live in the home and the purchasers not live in...

VA Loans and Realtor Commission: Does The Borrower Pay?

VA Loans and Realtor Commission: Does The Borrower Pay?

A reader asks, “Can seller concessions cover a part of realtor’s commission if it states buyer to pay it in contract?” VA loan rules address this issue in a specific way, but not the way the reader who contacted us...

VA Appraisals: A Reader Question

VA Appraisals: A Reader Question

A reader asks, “I purchased my house in August 0f 2013, only one year 1 month ago. And it was inspected by one VA inspector, it pass the inspection, now I have problem with my roof. It might need a...

VA Loan Assumptions: A Reader Question

VA Loan Assumptions: A Reader Question

A reader asks, “I currently have a VA Loan with $130,000 balance and need to sell the property due to health reasons. I venture the market price will be $129,000. How can I sell the property via assumable means and...

VA Loan Eligibility For Surviving Dependent Children: A Reader Question

VA Loan Eligibility For Surviving Dependent Children: A Reader Question

A reader asks, “My father, a 100% disabled vet, passed last Jan. Is there any loans I qualify for to own a home. My fathers, our home, was repossessed with our land.” It’s assumed that the reader question here is...

VA Loan Reader Questions: Selling The Home

VA Loan Reader Questions: Selling The Home

A reader asks, “My parents currently purchased a home in California using their VA loan. Is it possible for their non-VA daughter to be placed on title to that property in hopes of purchasing it from them next year?” There...