You can get quite a bargain on a foreclosed home in some situations. Did you know that you don’t have to buy a foreclosure with cash only? You can get financing, which includes VA financing.Get Matched with a Lender, Click Here.Even though the VA has flexible guidelines, there are certain Read more
Is the VA Funding Fee Tax Deductible?
VA loans provide veterans with 100% financing with flexible underwriting requirements. In exchange for the flexible guidelines, though, most veterans pay what’s called a VA funding fee. This fee is a percentage of your loan amount and is paid directly to the VA. It’s how the VA continues to provide Read more
Are Condos Eligible for VA Financing?
Buying a condo may be the smartest financial choice for you right now. You know that you can’t handle the maintenance involved with a single-family home and the condos in your area are less expensive than most single-family homes. What happens if you are a veteran, though? Can you get VA financing Read more
VA Loan Requirements for Self-Employed Veterans
Self-employed veterans have the same home loan benefits as an employed veteran. The difference is in the requirements. Lenders have to be a little stricter with the self-employed borrower because of the risk they pose. Working for yourself might be a part of the American Dream, but it’s a high risk Read more
What is a DD214 and Do You Need it for a VA Loan?
The DD214 form shows the type of discharge you had from the military. You’ll need this form and information when you want to use your VA benefits, including the VA home loan. Your eligibility for VA benefits relies on the type of discharge you had. Anything less than honorable may make you Read more
