Tag: Veterans

Posted on 02/21/2024
Requirements & Process: What You Should Know About Buying a Condo With a VA Loan
Military veterans can use their VA loan benefits to finance a new home. However, different property types can have different processes and requirements compared to single-family residences. Here are the most important things to know about buying a condo with a VA loan: Is the Condo VA-Approved? You can use a VA loan to purchase a condo or...
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Posted on 11/01/2023
Important Details to Know About Veteran Mortgage Relief
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
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Posted on 10/04/2023
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...
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Posted on 07/19/2023
VA Loans: Major Benefits to Consider
The U.S. Department of Veterans Affairs has helped countless veterans finance their home ownership goals. While you have the choice of a conventional loan offered by other mortgage lenders, there are some significant benefits to VA loans. Here are some of the most important advantages to consider: No Down Payment The most famous benefit of VA loans is...
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Posted on 05/13/2020
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....
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