Tag: VA Home Loans

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

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...

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.

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

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.

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.

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.

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....

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.

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.

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.

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.

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 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 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 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.

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

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.

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.

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.

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

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.

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

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%.

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

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.

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.

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.

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:

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.

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

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

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

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.

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...

The Federal Savings Bank informs readers of what the market expects in terms of housing starts next Tuesday, April 16th.

While much of Sumner County’s federal spending goes for Social Security, Medicare, agriculture and the social safety net, the federal government sends millions to the county for other programs as well

As part of the VA mission to serve veterans, they provide a home loan guaranty benefit and other housing-related programs to help veterans buy, build, repair, retain or adapt a home for their own personal occupancy.

U.S. Senator Charles E. Schumer today launched a two-pronged plan to help ensure that veterans returning home to Staten Island from Iraq and Afghanistan...

California Vet Group Takes Action to Help Veterans Live the American Dream   ContraCostTimes.com - Helping veterans achieve the "American Dream. That's what Rancho Cucamonga California...

Tough regulators in the U.S. and the recent crisis in distant Cyprus could make investors wary about the financial sector. Yet U.S. bank stocks...

Ninety days active duty with the Active Reserves or National Guard in wartime could mean eligibility for the VA Guaranteed Home Loan with no down payment. Reservists...