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...
VA mortgage loan
Can a Veteran and Fiancé Get a VA Loan Together?
There are many different circumstances under which you can get a VA loan. Some veterans apply for the loan by themselves without a co-borrower or co-applicant. Others want...
VA Loan Minimum Property Requirements: Asbestos
After viewing a recent post about VA minimum property requirements and appraisals, one reader asks, "What about asbestos shingles on an older home?" Assuming the reader is asking...
VA Loan Rules For Siblings, Dependent Children: A Reader Question
A reader asks, "My brother and father now deceased. were in Army. Can I. apply for VA loan. My daughter and her husband looking for a house. can...
VA Issues Guidance For Principal Reduction On VA Home Loans
The Department of Veterans Affairs has issued some guidance for lenders about principal reduction for VA mortgages. Borrowers who get into trouble with conventional or FHA home loans...
VA Loan Appraisal Questions: High Voltage Power Lines
A reader asks, "Are there restrictions on proximity to power/transmission lines?" This question is asked in relation to the Department of Veterans Affairs minimum property requirements or MPRs...
VA Minimum Property Requirements: A Reader Question About Roofs
A reader asks, "I am looking at buying a house. It is a little older, but not very old. My realtor said it may not be approved for...
Appraisal Requirements For Finished Basements
A reader asks, "I have a question regarding finish basements and the VA appraisal of them. The home is advertised as single family ranch home with 3 bedrooms....
VA Rules For Appraisers: Interior Photographs Now Required
VA Circular 26-17-05, among the last of the 2017 VA loan regulatory updates recently published at VA.gov, mentions a requirement for VA appraisers to get interior photographs of the...
VA Loan Questions: VA Funding Fee Exemptions for Disabled Veterans
A reader asks, "I was told when I separated from the US Air Force that I was eligible for a VA funding fee refund because I am a...