Choosing a VA lender for a home purchase or refinance can be a tedious task for most borrowers. In fact, most people don’t know where to start when it comes to finding a lender to consult with about borrowing and will settle for the first person they speak with. However, it is certainly possible to find the […]
The VA home loan program is one of the benefits offered by the Veteran’s Administration to eligible servicemembers and veterans. The VA does not lend money, however, it will reimburse VA lenders in the event of a default. This VA guaranty reduces the lender’s risk which makes them desirable by lenders and, at the same […]
It is not unusual for a military home buyer to be deployed before the entire VA home purchase process has been completed. However, this does not have to mean the end of the purchase and homeownership. For some, using a power of attorney to make a VA home purchase is possible as long as […]
Assets are an important part of every mortgage, including a military home loan, also known as a VA loan. Cash assets may be needed for the down payment or closing costs. Some are necessary to fulfill any reserve requirement that may be mandated by the loan. Whatever the reason, seasoning assets for a military home […]
The home buying period is a critical time for all borrowers, even those who have received a VA loan pre-approval. Once a purchase contract has been signed and the mortgage application has been submitted, it is not unusual for borrowers to start shopping for items they will need for their new home. However, borrowers must […]
It’s the home buying season when many people will be out searching for a home to buy, either new or existing. Some have already contacted their VA lender and discussed their options. Others have gone through the procedures of submitting documentation and have received their VA pre-approvals. Although you may be ready to make a […]
For many consumers, including military homebuyers, purchasing a first home is often a time filled with many questions and doubts. To assist with the decision process, here are 6 tips for military homebuyers that will help make the possibility of homeownership a reality from the first thought to the closing date. 1. Know your financial […]
Purchasing a home without the need to use your own cash out of pocket is highly unusual in today’s mortgage industry. In fact, over the past few years, many lenders have required larger down payments from home buyers. A VA loan is different in that it allows eligible borrowers to make a home purchase without the […]
While a home purchase can be done at any time of year, there are certain periods that are considered the home buying season. Usually starting in spring, this is when many people will begin to look for the home of their dreams. However, it is never too early to plan for a home purchase and […]
Copyright 2022 All Rights Reserved.
Veteranhomefinancing.com is a website that provides information about mortgages and loans. Veteran Home Financing is not licensed to loan money. It is a private website that is not affiliated with the U.S. Government, U.S. Armed Forces, or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency. If you would like to find more information about benefits offered by the U.S. Department of Veteran Affairs, please visit the Official U.S. Government Website for Veteran Affairs. SEO Services