VA Loans: How Many Units Can The Property Have?
VA guaranteed home loans have certain restrictions and requirements when it comes to the nature of the property for sale. For example, VA loans require that the property...
VA mortgage loan
What is VA Loan Bonus Entitlement?
A common question about VA loans is, "How much loan can I get?" The answer depends on what value you're referring to. The VA's official site states that...
The VA Loan Escape Clause: A Reader Question
A reader asks, "If an appraisal comes back lower than the contracted price, is the seller required to sign documentation allowing the buyer to cancel the contract?" Borrowers...
VA Loan Limits for 2015
The Department of Veterans Affairs has issued news about VA loan limits by county for 2015. According to VA circular 26-14-39, "the 2015 county loan limits Department of...
VA Loan Reader Questions: Construction Exhibits
A reader asks, "My home has not been built yet, and I am waiting on the VA Appraisal. I wanted to know if it is necessary to have an engineered, stapled and...
VA Occupancy Rules: A Reader Question
A reader asks, "When purchasing a home with a VA loan. What is considered a 'reasonable time' in which you must occupy the home? Also can you have...
VA Mortgage Rate News For The Week of September 22 2014
It's been a difficult month for VA mortgage loan rates. We've watched a gradual upward trend that got a push (at least in part) thanks to a recent...
VA Appraisals: A Reader Question
A reader asks, "I recently closed on my VA Approved Loan on August 29, 2014. When the VA Inspector came to appraise the home, he found two (2)...
VA Loan Reader Questions: Buying Another Home With A VA Home Loan
A reader asked us recently, "I have a house in NY. I purchased 1999 thru the VA loan process. In 2009 I tranferred to NC. I was unable...
VA Loan Rate Trends: The Week of September 2, 2014
VA mortgage rates are subject to change--that's a given for any set of interest rates. Rates can change for a variety of reasons including foreign developments that affect...