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 mortgage loan requirements

VA Loan Fees: Who Pays?

VA Loan Fees: Who Pays?

There are many VA loan fees involved when it comes to purchasing a home with your VA benefits. VA appraisals are mandatory as part of the loan approval process, but the home inspection process is not, it’s an optional part...

VA Loan Occupancy Requirements: A Reader Question

VA Loan Occupancy Requirements: A Reader Question

A reader asks, “We are stationed abroad and my husband may be retiring next summer. We found a house we would like to purchase – can we use a VA loan – does the soldier’s and sailors relief act have...

VA Loan Occupancy Requirements: A Reader Question

VA Loan Occupancy Requirements: A Reader Question

A reader asks, “Can I purchase a home about 5 hours away, if my father will be living there? I am 5 hours away and eventually would like to live there after my current orders.” VA loan rules are very...

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 Updates Appraisal Requirements To Include Foreclosed Properties

VA Updates Appraisal Requirements To Include Foreclosed Properties

The Department of Veterans Affairs has issued a “re-affirmation” of its appraisal rules to remind borrowers and lenders about the appraisal requirements for foreclosed properties. According to VA Circular 26-14-5,”This Circular reaffirms Department of Veterans Affairs (VA) policy that all...

Restoring Your VA Loan Eligibility

Restoring Your VA Loan Eligibility

Lately we’ve gotten several questions about restoring VA loan eligibility. Some readers want to know if they need to restore their eligibility or if it’s done automatically once a VA home loan has been paid in full. Others want to...

VA Loan Refinancing Fees For “Other Refinancing Loans”

VA Loan Refinancing Fees For “Other Refinancing Loans”

In the past we've covered a wide range of refinance loan topics here, including the associated fees and charges that come with refinancing a VA mortgage. The VA has rules not only about these fees and charges, but also which...