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...
home buyer
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 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...
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...
VA Loans and Other Than Honorable Discharges
There are several different ways a military member can leave the service. One is to complete 20 years or more of service and apply for military retirement. Another...
VA Appraisals and Reconsideration of Value
When a VA loan applicant wants to buy a home, gets a contract sales price and a VA assigned fee appraiser looks at the property, the results may...
Loan Eligibility: Who Else Can Qualify?
We have discussed applying for VA loan eligibility and how it can be done through the lender before. Active duty military, retired and separated military, plus members of the...
VA Loans: Property Tax and Insurance Requirements
When buying a home with a VA-insured loan, borrowers learn that the Department of Veterans Affairs has a set of requirements which include "sufficient hazard insurance" and payment...
VA Loan Applications: Verification of Income
VA loan requirements include verification of income. Borrowers must show stable, reliable income that is likely to continue. The VA generally asks for at least two years worth...
VA Loans For Overseas Homes: A Reader Question
A reader asks, "I never used my veteran home loan and want to move out of the country to Central America, namely Panama." "Is there any way I...