VA Loans: What Happens If the Borrower Dies?
A reader asks, "What happens to a VA loan when the veteran dies and the spouse is not on the loan?" The Department of Veterans Affairs official site...
VA refinance
Beware of VA IRRRL Scams
We get plenty of reader comments and questions, but we've noticed a trend in the comments about a possible scam targeting people with VA mortgages. There's been an...
VA Loans: Why It’s Important to Avoid Foreclosure Proceedings
As written before in this blog, nobody applies for a VA home loan thinking about default or foreclosure as a possibility. But circumstances can change; spouses lose jobs,...
Which VA Loans Allow Cash Back to the Borrower?
There's a common question associated with VA loans--many borrowers are interested in getting cash back at closing time from proceeds via their home loans. But which VA loans...
VA IRRRL Facts
Borrowers who apply for VA home loans are eligible to apply for a VA Interest Rate Reduction Refinancing Loan, or IRRRL, after they have made a minimum of...
VA Loan Entitlement: A Reader Question
A reader asks, "Is there a maximum number of times that we can purchase a home or refinance our current house?" The answer to this question depends...
VA Loan Refinance Options: A Reader Question
A reader asks, "Hello…we received a letter a few days ago from a VA Refinancing bank in California. We had purchased our home last July and have recently...
VA Streamline Refinancing Rules: A Reader Question
A reader asks, "What is required to refinance a VA IRRRL if the veteran is self employed but your spouse (non veteran) is employed?" This is an interesting...
VA Loan Options For Reducing Monthly Mortgage Payments
If you're looking for options to reduce the amount of your VA home loan mortgage payments, there are several ways to approach the issue depending on whether or...
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...