A VA loan is a mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs. Here we look at how VA loans work and what most borrowers don’t know about the program.
As with any mortgage option, VA loans have pros and cons that you should be aware of before making a final decision. So let's take a closer look
Using your VA home loan benefit for an investment property is an attractive option for many buyers. However, there are a few key considerations to understand at the outset when it comes to multiunit properties.
Losing a loved one is never easy. In addition to working through their grief, surviving family members must deal with a whole host of financial concerns to pay off debts and settle the estate.
Flipping homes has become increasingly popular over the years. But can you do it with a VA loan?
At the end of the day, you can use a VA loan to purchase land, but it will come with some strict stipulations. Learn about these requirements and how you can purchase land with a VA loan.
Building your dream home is a possibility with a VA home loan. But it isn’t always an easy road. Here we take a deep dive into VA construction loans and how you can build a home with a VA loan.
Assuming another's VA loan is an intriguing benefit with VA loans. Here we take a look at what an assumption is, the process and who can assume a VA loan.
Mortgages typically have some form of mortgage insurance. Conventional loans have private mortgage insurance (PMI), FHA loans have a mortgage insurance premium (MIP) and even USDA loans have an ongoing fee. Here we look at the VA's mortgage insurance requirements - or lack thereof.
Using your VA loan benefits to purchase a home is exciting, but if you are new to the process you may need some pointers along the way. Below we compiled the top questions and tips for Veterans looking to use their VA loan benefit.
Here we compare the primary differences between VA and conventional loans to show you when each option may be the best.
The VA funding fee is a governmental fee required for many VA borrowers. However, some Veterans are exempt, and the fee varies by VA loan usage and other factors. Here we explore the ins and outs of the VA funding fee, current charts, who's exempt and a handful of unique scenarios.
Whether you're ready to buy a bigger house or downsize, your VA loan benefit is here to help. It's even possible to have more than one VA loan at the same time.