Tag Archive for: va

VA Loan Limits and Benefits for 2022

With all the economic uncertainty pressing into 2022, VA loans are still one of the top home loan options for members of the military and their spouses. First-time homebuyers and those relocating can benefit greatly by applying for a VA loan. What’s more, a VA loan can help establish financial stability by building equity through […]

5 Things You Should Know About VA Loans (they’re all good)

The Department of Veteran’s Affairs provides benefits for those who qualify for the program and one of the more popular is the VA mortgage loan. VA loans are the ideal option for those wanting to come to the closing table with as little cash as possible. The most obvious benefit is the lack of a […]

VA Eligibility Restoration: How It Works

There’s really no question the VA home loan is the premier option for those who are eligible and want to come to the closing table with as little cash as possible. In fact, the VA home loan doesn’t require a down payment at all. Zero. The only other loan program that doesn’t need any type […]

Getting Your VA Entitlement Back

If you’re one of the fortunate who has access to the VA home loan program, first, thank you for your service. Second, the VA loan program is without a doubt the most competitive home financing option in today’s marketplace for those seeking to purchase a home with as little cash to close as possible. When […]

The VA Cash Out Loan

Surely the ideal loan program for those looking to come to their closing with as little cash as possible is the VA loan. There are only a couple of government-backed mortgages that do not require a down payment and the VA program is one of them. The other is the USDA mortgage but that is […]

Eliminating the VA Loan Limit

It didn’t get a whole lot of publicity last week, but there was a major change for VA Home Loans. More specifically, the VA loan limit, or loan cap. Over the years, the VA loan limit has changed and the changes have always been favorable to the veteran. The most recent adjustment eliminates the VA […]

HUD, FHFA, FNMA, FHA, FHLMC: Who Are These People, Anyway?

HUD, FHFA, FNMA, FHA, FHLMC: Who Are These People? Well, they’re not really people. People certainly work there but in reality, HUD along with the others all government agencies that have some major connection with the mortgage industry. Some are relatively new and some not so much. The mortgage industry has so many acronyms it […]

When are Government-Backed Loan Programs the Best Choice?

There are three government-backed loan programs available today: The USDA, VA and  FHA loan programs. They’re referred to as a government-backed loan because the lender is guaranteed to be compensated should the loan ever go into default. Each of these three has their own special niche that is filled. USDA Loans USDA loans are used […]

Top 3 Government-Backed Mortgage Loans

Financing a primary residence means having the most financing options available in today’s marketplace. For those wanting to buy and finance investment real estate there are fewer albeit very competitive choices. But with a primary residence, there are plenty and are divided into two basic categories- conventional and government-backed mortgage loans. A conventional loan is […]

The VA Funding Fee Waiver: How It Works

When you and I first begin speaking about using your VA eligibility to buy and finance a home, you can also request a Loan Estimate which will itemize potential closing costs you’ll encounter at the closing table. As you might be aware, borrowers using their VA eligibility status to finance the property are restricted from […]