Tips & Special Topics
Eligibility for VA Loans
Eligible Purposes for VA Loans: VA Loan benefit eligible purposes for va guaranteed financing on home loans
Congress extended the benefit of guaranteed home loans for all eligible veterans. If you are a veteran or you know a veteran considering the purchase of a home, many would argue that you owe it to yourself to look into the VA Home Loan Programs. The VA has defined ... Read More
VA Eligibility: Determine if You Qualify: An article summarizing veteran eligibility for VA home loans.
A veteran who has served on active duty during World War II or later and who was honorably discharged, is eligible for a VA home loan. Veterans who had at least ninety days of service during World War II, the Korean Conflict, or Vietnam War, may be eligible for ... Read More
VA Loans and the Role of Income: An article summarizing some of the income requirements veterans and military service personnel must meet to qualify for a VA home loan.
VA home loan guaranty programs allow military service personnel, reservists, and veterans an opportunity to purchase a home with the help of a government-backed home loan option. Loan approval for VA-eligible borrowers is not automatic, however, and veterans must still qualify for a VA home loan according to program ... Read More
Determining VA Home Loan Eligibility: If you have a military affiliation and meet certain military service requirements you may be eligible for a zero-down, 100% VA refinance home loan.
VA loans are an entitlement for those who are eligible. Those with military affiliation may typically enjoy zero down, 100% refinancing and no private mortgage insurance associated with VA loans. These among many other benefits unique to VA loans make this mortgage program hard to beat. ... Read More
Multiple VA Loans- Is It Possible?: An article discussing whether it is possible to get more than one VA loan? In some cased the answer may be yes.
Many VA borrowers ask, “Can I get more than one VA loan?” The short answer is yes depending on the circumstances. A VA loan is an entitlement to those who are eligible. How much a VA-eligible borrower is entitled to for each loan varies. The general rule ... Read More
Obtaining Your COE with VA Lender Assistance: In order to receive a VA home loan qualified veterans must first obtain their Certificate of Eligibility (COE). Most VA approved lenders can obtain your COE.
To get a VA Loan, one must first obtain a Certificate of Eligibility (COE). For some, simply not knowing what’s involved in getting a COE can be discouraging and can even prevent some perfectly eligible applicants from pursuing a VA Loan. In reality, most COEs can ... Read More
Restoring VA Loan Entitlement: Yes, you can restore your VA loan entitlement and use it again. A veterans entitlement is what determines their VA mortgage eligibility.
One of the most common myths about VA Loans is that once used, the benefit can never be used again. This is simply untrue. VA entitlement can be restored and used again and again. In fact, VA borrowers can use VA home loans as many times ... Read More
