Tag: Va Loans

Posted on 09/12/2022
Income Requirements for VA Loans: Important Info to Know
Post All home loan programs require you to prove your ability to afford the house you buy. The same is true for home loans offered by the VA. Even though VA loans have no down payment and can have easier financial benchmarks for eligibility, lenders still evaluate your income when considering you for a loan. Here is a guide...
Income
Requirements
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Posted on 04/04/2022
3 Reasons to Consider Assuming a VA Loan
Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...
Assuming Loans
Homebuyer
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Posted on 01/03/2022
Pros & Cons of Assuming a VA Loan
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
Assuming Loans
Homebuyer
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Posted on 04/05/2021
Who is Eligible for a VA Loan?
Image by Ally Thomas from Pixabay A VA loan can be the key to getting some of the most attractive terms possible on a home loan. Not only are lenders more forgiving on the minimum down payment requirements, but you may also be exempt from paying Private Mortgage Insurance until you've built up enough equity in the home....
Va Home Loans
Home Loan
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