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 MPR

VA Minimum Property Requirements for Multi-Family Units

VA Minimum Property Requirements for Multi-Family Units

VA loans aren't just for single family dwellings--did you know there are VA loans available for properties with up to four units? The borrower must certify he or she intends to live in one of those units as the primary...

VA Loan Reader Questions: Buying Land

VA Loan Reader Questions: Buying Land

A reader asks, “If I’m presently buying a mobile home, can I use a VA loan to purchase the land ? Could I have the mobile home placed on the property (to VA specs) with intent to live in the...

VA Loan Appraisal Waivers: A Reader Question

VA Loan Appraisal Waivers: A Reader Question

A reader asks, “Upon my VA appraisal in Texas, the appraiser found several cosmetic problems, worn siding, some bricks missing tuck points, front door weathered. Chipped paint, most of the flaws notated on the detached garage. In your opinion, could...

VA Loan Minimum Property Requirements: Some Basics

VA Loan Minimum Property Requirements: Some Basics

One of the most important steps towards getting a VA loan comes after you find the home you want to buy with your VA loan benefit, make an offer, and approach the lender. In order to get your VA loan...

VA Loan Reader Questions: Help With VA Appraisals and Loan Approval

VA Loan Reader Questions: Help With VA Appraisals and Loan Approval

A reader asks, “I recently applied for a VA loan to refinance my home. My home is a manufactured home on a permanent foundation. It was purchased and placed on this property in 1998… Our master bedroom was quite small,...

VA Minimum Property Requirements Update: Water and Sewage

VA Minimum Property Requirements Update: Water and Sewage

The Department of Veterans Affairs has a VA minimum property requirements update for water and sewage. In VA Circular 26-13-24, we find an update that includes the following: “Historically, for properties on individual water and/or sewer (septic) systems, connection to...

Minimum Property Requirements and Local Requirements For VA Loans

Minimum Property Requirements and Local Requirements For VA Loans

Every so often a reader leaves a comment or question with a common theme: "My lender is telling me the house I want to buy needs X, Y, or Z. Where does it say in the VA loan rules X,...