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Mayor Walsh Seeks More Housing for Veterans

The US Navy veteran was homeless and alone after a difficult divorce. He faced medical bills for leg injuries sustained decades back during training exercises and more bills from treatment for prostate cancer that required two surgeries.

Veterans housing facility in Warren awarded $160K for upgrades

A newly opened two-story housing facility for veterans will undergo much needed improvements after receiving $160,000 in grants.

Endeavoring To Build: 8 Considerations That Need To Be Made When...

There are a number of ways that a renovation or construction project can surprise you. But what are the avoidable mistakes? What should you be thinking about before you start building? Here are just eight things to consider before the fact.

VA Celebrates 70th Anniversary of the Original “GI Bill”

The Department of Veterans Affairs (VA) is celebrating 70 years of investment in the education and economic prosperity of America’s Servicemembers and Veterans.

Current Mortgage Interest Rates at Bank of America, Wells Fargo and...

The U.S. Justice Department broke off the negotiations last week, as it was dissatisfied with the offer made by Bank of America to pay penalties totaling more than $12 billion, including the amount of $5 billion to be put in a consumer relief account.

Mortgage Rate Escalation: Learning How to Capitalize on VA Loans for...

A guide to understanding the ins and outs of VA Home Loans when building your new home.

What Reverse Mortgage and How Does It Work?

What is reverse mortgage? A reverse mortgage is a loan given to older people who are 62 years and above. The reverse mortgage allows them...

The VA Loan Process

Buying a home is one of the most exciting purchases we all make in our lives. Homeownership is more than just a financial investment, it is an home investment in family and the future.

Home Financing Options

When it comes to purchasing a home, Military Veterans are given many financing options, each with their own unique characteristics. For most veteran and active duty military members, it is typically recommends the federally-backed VA Loan for its distinct advantages over traditional loans

VA Funding Fee

The VA funding fee is required by law for military members who want a VA (Department of Veterans Affairs) loan. It is 2.15 percent for a no-down-payment loan if you have never had a VA loan. The fee is 3.3 percent for any loans after the first one.

What Is a VA Loan?

VA loans are home loans for the purchase of a primary residence available to consumers who have served or are presently serving in the U.S. military. While the Department of Veterans Affairs (VA) does not lend money for VA loans, it backs loans made by private lenders (banks, savings and loans, or mortgage companies) to veterans who qualify.

Why Get a VA Loan?

The VA Home Loan Program has helped over 18 million veterans and active duty service members achieve homeownership since 1944. After over 65 years of service, the VA Home Loan Program remains one of the most progressive lending programs on the market continually striving to offer military members exclusive benefits they wouldn’t be able to find with other conventional lending programs.

Veterans Fire Back at Letter by Senator

An “open letter” from a senior Republican senator to the nation’s veterans in which he castigates the leadership of veterans’ organizations prompted a brutal war of words over the Memorial Day weekend....

Getting VA Mortgages

The VA home loan is incredibly effective for eligible veterans, active armed service and surviving spouses as it's the only financial loan type that gives 100% funding.

VA Releases Interim Rule On Qualified Mortgages

lmost all VA home loans will be considered Qualified Mortgages that provide lenders a legal safe harbor, according to an interim final rule released last week by the Department of Veterans Affairs.

Mortgage Rate Projections : How Soon Until Rates Fall Below 4%?

For the fourth time in 5 weeks, rates for the 30-year fixed rate mortgage rate have dropped, lowering the benchmark rate to its cheapest point in six months.

Government Programs Help Veterans Buy Homes

There are a number of government programs for veterans that will help you buy a home. If you have been honorably discharged from service, have reasonable credit and an income, you will likely qualify for a home loan guarantee from an agency for veterans affairs.

Are VA Loans Better?

The Veterans Administration in the United States of America, in the direction in the Department for Veterans Affairs, may be the agency that awards benefits to veterans from the United States military.

Current Mortgage Rates for Monday May 5, 2014

Current mortgage rates this Monday morning are continuing on a downward trend with no increases found at any of the top lenders we study on a daily basis.

VA Home Loans – Application

VA administered loans do not carry restrictionsViewer on income. Mortgage insurance can add quite a bit to your payment, making a VA home loan an even better option compared to conventional or FHA loans.

Current Mortgage Rates for Tuesday April 29, 2014

Current mortgage rates this Tuesday morning are mostly stable. Our research did reveal that some loan programs saw rates both decrease and increase at a couple of the top lenders in the nation.

Forward Lenders Developing Fixed Rate, ARM Hybrids

Lenders are offering new loan products that are a hybrid between fixed rate and adjustable rate mortgages, reports National Mortgage News.

Va Home Loans And Bad Credit

However, there are many who cannot collect this required amount to be paid as down payment. To help them, there are a few ‘no down payment home loan’ options available.

BB&T Bank Posts Lower Mortgage Rates than US Bank Today –...

US Bank has fallen slightly behind BB&T Bank this Tuesday morning as far as low-cost home purchase mortgages are concerned, though in most cases the differences are admittedly rather negligible.

Volunteer Docs – Dentists Fill Holes In Vet Coverage

Ever since Ros Whiting left the Army in 1998, he’s lived with holes in his mouth, the result of botched attempts to remove wisdom teeth.

How Does a VA Loan Work?

VA loans are a popular option among military personnel and veterans who are looking to buy a house.

Five Things Worth Going into Debt For

The great debate over debt can be a touchy subject for even the most budget-conscious consumer. In general, debt is something that has to be managed for most people.

Buy Yourself a Home, Helped By VA Mortgage Loan

Settling in one place might involve buying a house of one’s own – a hard job to do in the after-crisis.

Mortgage Rates Today: Better Deals at Capital One, HSBC and BB&T...

The benchmark 30 year loan deals can be had for 4.400% at HSBC Bank (NYSE:HBC) today with an APR of 4.467%. 30 year FHA loans have been offered at 4.125% and an APR of 4.307%.

What a $200,000 Mortgage Will Cost You

Mortgages aren’t one-size-fits-all products. Loan types and lenders all have different requirements, benefits and drawbacks.

Veterans Protest VA, Report Shows Delayed Care and Deaths for Vets

The Department of Veterans Affairs, this week, released a report showing that some veterans died at the VA's Phoenix medical center while waiting for medical care that they never received.

Senate Bill Would Expand Benefits For Caregivers

Responding to a Rand Corp. report issued last week on challenges facing those who care for ill or injured veterans, Sen. Patty Murray, D-Wash., on Thursday introduced a bill that would increase federal support for this largely invisible group.

VA Loans – If You Are a Veteran There Are Great...

The ratio sets a limit of 40% on the share of income to be used for loan debt repayments, so the borrower can cover any unexpected bills that come along.

Mortgage Rates Flat Today at US Bank, SunTrust and Citi Mortgage...

No huge changes to report this morning by way of mortgage interest rates at Citi, SunTrust and US Bank – here’s an overview of what’s being advertised for April 8:

Veteran Specific Home Buyer Seminar

The Troop Support Task Force of the Rhode Island Association of Realtors will be holding a Veteran Specific Home Buying seminar for active and retired military.

The Things You Should Be Looking for in a New Loan

Forget loans from banks. The hottest and best loan schemes in the UK, where there are tens of thousands of military veterans spanning numerous...

VA Should Do Better Job of Informing Veterans of Property Tax...

US Senator Charles Schumer called on the Department of Veterans Affairs to better communicate with veterans returning from Iraq and Afghanistan by letting them...

Veterans Affairs Tech Center Accidently Deletes 464,000 Home Loan Data Files

The U.S. Department of Veterans Affairs accidentally deleted 464,000 electronic data files last month that contained information about home loans.

U.S. Veterans Get Amazing Mortgage Deal from VA

The Memorial Day holiday is a time to remember and thank our currently serving military and those who served their country in the past. It's also a time to remember that veterans get a very special deal on mortgages through the VA loan program.

Qualifications for Obtaining a VA Loan

There are several advantages that come with a VA home loan - The loans were created in order to assist individuals who might not have otherwise been...