There are 3 basic types of institutions you can acquire a VA loan from….Pay very close attention to the lender that originates your loan for you and do your research. You could save yourself literally thousands in closing costs and higher rates.
All in all, the VA Hybrid ARM is a very good product but if you have a choice, you should consider carefully. Get more information from a VA Loan Specialist and save thousands with No Origination Fees when you use FreeVAloan.com.
VA loan Origination Fees: Beginning with the Truth It’s said that it’s always better to tell the truth. It’s also said that some people can’t handle the truth. The truth will set you free…Truth be told. However you say it, we all deserve the truth. Here is the truth of the matter…VA loan ORIGINATION FEES […]
Many home buyers with little money down generally make the VA loan vs FHA loan comparison. It would seem to be a one sided battle if put against one another as VA loans have many more upsides than FHA. In the end, you’ll see that if you qualify for a VA loan, it would benefit […]
As most people know, VA full guaranty loan limit is $417,000 nationwide with the exception of specific High Cost Counties. What this means is, in counties that are not considered High Cost Counties, the loan a veteran can obtain with zero down payment, is $417,000. If a veteran purchases a home over $417,000 in these […]
About VA loans A VA loan may be one of the best lending options on the market today. They began as a way to help returning service members achieve the dream of homeownership. Today, with the many benefits VA loans offer, they have become more popular than than any loan product on the market. Benefits […]
Veterans can still refinance their conventional, FHA or subprime loans into a new VA loan up to 100% of the value of the home. Most veterans have been mislead to believe that they can only refinance to a VA loan up to 90% of the value of the home. Although throughout most of the country […]
Some veterans have been led to believe that the VA loan application process is difficult and time consuming. Quite honestly it has to do more with the level of knowledge your loan officer had and if they have had enough training to be considered a “VA Loan Specialist”. Otherwise, the VA loan process is not much different than any other type of mortgage loan.
An Energy Efficient Mortgage (EEM) has been a very popular product and one thousands of veterans take advantage of each year. There are numerous ways home buyers and current home owners can take advantage of this type of VA Loan.