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...
IRRRL
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 Loan Reader Questions: Termite Inspections
A reader asks, "We are currently refinancing our home – and we are using the VA process. They are requesting us to get a termite (WDO) inspection. My...
Restoring Previously Used VA Loan Entitlement
When you use your VA loan benefits for the first time, there is no question about the amount of entitlement you have once your eligibility for the loan...
VA Cash Out Refinance Loans: Some Basics
VA Cash-Out Refinancing loans are available for qualified applicants for any type of home loan refinance including existing VA mortgages, conventional loans, even FHA-insured loans. Borrowers may take...
VA Loans and Local Building Codes: A Reader Question
A reader asks, "I am looking at a specific house and the basement has a bathroom in it but behind a door in the basement there is the...
VA Announces Special Relief During Government Shutdown
The Department of Veterans Affairs has issued a new VA Circular announcing special relief for VA borrowers affected by the government shutdown. According to the VA Circular titled,...
VA Loan Occupancy Rules Between States: A Reader Question
A reader asks, "If a veteran has a VA loan in another state, can a second VA loan be obtained in a different state?" The VA loan occupancy...
VA Loan Service Requirements For Guard and Reserve Members
Recently we've gotten several reader questions about the VA loan service requirements proofs and proof of eligibility requirements members of the Guard and Reserves must meet to become eligible...
VA Loans and Your Credit: What You Need to Know
Some who are new to their VA loan benefits might confuse being eligible to apply for a VA mortgage loan with actual approval of the VA loan itself....