VA Loan Reader Questions: Farm Loans
A reader asks, "I would like to get a VA loan to purchase a 350 acre farm. Is it possible or not? I have heard yes and no.... the...
Department of Veterans Affairs
Restoring VA Loan Entitlement
Those who have already used their VA loan entitlement to buy a home don’t always keep that home for the entire term of the loan. Do VA borrowers...
VA Certificate of Eligibility: Reservists and National Guard
In the past, we have discussed how regular active duty military members and Guard/Reservists who have served on active duty can apply for their VA certificate of eligibility. Getting that certificate is...
What Does a VA Appraiser Look For?
We've examined the basics on VA minimum property requirements many times on this blog. When a VA appraiser reviews a home to see if it meets VA MPRs,...
VA Loans: Enlistment Verification
Whether a service member is close to their re-enlistment date can have an impact of the process of a VA loan. For military members applying for VA loans...
Do Homes Purchased With a VA Loan Have Warranties?
Warranties are everywhere. You can take advantage of a manufacturer's warranty on your cell phone, your computer or even your car when buying them brand new. Some products like...
VA Loans and Second Mortgages
VA loans have a variety of uses and flexible options that make them very attractive for first time homebuyers. But not every VA loan is a traditional home...
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 Loan Rules: Spousal Income
One frequently asked question about VA home loans involves whether spousal income can be counted on the VA loan application for the purposes of calculating the debt-to-income ratio. It...
VA Appraisals and Defects: A Reader Question About Home Defects
A reader asks, "I recently bought a home that had a VA appraisal done, which I thought was also a inspection done per VA requirements (my misunderstanding). 3...