VA loans have some of the most relaxed guidelines out of any program in the industry today. They don’t focus on credit scores or debt ratios, but can you have too much debt and not get approved?Compare Offers from Several Mortgage Lenders.While the VA doesn’t ‘focus’ on debt ratios, they do Read more
What Fees Does the VA Allow on a VA IRRRL Loan?
The VA IRRRL loan allows veterans to refinance in the simplest manner. You don’t need to verify your income, assets, credit score, or the value of your home. Lenders rely on your mortgage payment history and net tangible benefit to qualify you for the loan.Looking for Current Mortgage Interest Read more
VA Jumbo Loan: What is it and How Does it Work?
VA loans typically offer 100% financing, but there’s a limit to it. If you borrow more than the standard limit of $484,350, you may be looking at a VA jumbo loan.Compare Offers from Several Mortgage Lenders.While the name sounds scary, it isn’t anything to be alarmed about. You still get the Read more
Can VA First-Time Buyers Purchase With $0 Down?
Are you a veteran that hasn’t used their VA entitlement yet? The good news is that if you are eligible, the VA loan provides a great way to purchase a home. The loan has flexible underwriting guidelines and you don’t need to put any money down on the home. This means you can be a first-time Read more
Can you use Partial Entitlement?
As a veteran, you receive entitlement to purchase a home up to $484,350 with no down payment if you have full entitlement. But what happens when you don’t have full entitlement any longer? You can have entitlement tied up in your current home or you could even lose some if you lost a home to Read more
