Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

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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 Loans For Ex-Spouses? A Reader Question

VA Loans For Ex-Spouses? A Reader Question

A reader asks, “My ex-husband was active duty and I am remarried can I get a home mortgage off his retirement now?” This question is a bit unclear, and we can’t address any other issue aside from those that pertain...

Historic Settlement Affects Veterans, VA Borrowers

Historic Settlement Affects Veterans, VA Borrowers

The Department of Housing and Urban Development recently announced a historic $25 billion settlement between the federal government and five major lenders over loan servicing and foreclosure abuses. According to a HUD press release, this arrangement offers "substantial financial relief...