Can I Purchase a Boat or RV With My VA Loan Benefits?
One common question about VA home loans involves the purchase of properties other than suburban homes. VA loan benefits allow buyers to purchase a condo, mixed-use property, multi-family...
VA mortgage
VA Loans: The Rules On Discount Points
Discount points are a way to lower the interest rate on a home loan. When the borrower purchases a discount point or points on a VA home loan,...
VA Minimum Property Requirements Update: Water and Sewage
The Department of Veterans Affairs has a VA minimum property requirements update for water and sewage. In VA Circular 26-13-24, we find an update that includes the following:...
Are VA Loan Benefits Transferrable? A Reader Question
A reader asks, "Can I transfer my VA home loan to my sister or let my sister to use my VA home loan if i permit the VA...
VA Loan Rules: Who Can Use the VA Loan Benefit?
A reader asks, "I was honorably discharged from the Navy after serving for 4 years. I was wondering if my mom can use my VA home loan to buy build a...
What is the VA Loan Escape Clause?
There are many different ways to buy a home using a VA mortgage loan. Sometimes the buyer finds a home they really want, work with the seller to...
VA Loans and Pre-Payment: Is There a Penalty?
One of the most attractive features of a VA-insured mortgage is the no-money down option. Borrowers who choose a zero-down payment may pay more in VA loan funding...
VA Loan Anti-Discrimination Requirements
One of the most important aspects of a VA home loan, financial considerations aside, is the Department of Veterans Affairs regulations covering fair housing. There are extensive rules...
Getting VA Loan Eligibility Restored After a Short Sale
Our recent blog posts have covered topics related to the short sale of a home purchased with a VA loan. It's easy to assume you're locked out of...
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...