Trying to get a VA loan with bad credit might feel like you’re shipwrecked with nowhere to go. Most lenders will tell you that you can’t get a VA loan with bad credit, or more specifically, a credit score lower than 620. Don’t be discouraged. This couldn’t be further from the truth. I’ll explain how […]
It is one of the most common questions asked by future VA home buyers or home owners looking to refinance with a VA loan. “How long will it take to close?” There are many factors that go into determining how long it takes to close a VA loan. Each factor can add days to the […]
FHA Loans are mortgages that are insured by the Federal Housing Authority (FHA). There are many advantages to FHA loans. However, there are many more disadvantages when compared to VA loans and if you are a veteran and not working with certified VA lenders, you could get stuck with a significantly inferior loan and thus […]
As of January 2014, married same sex couples may now apply for VA-backed mortgages in 17 states. VA Loan For Same Sex Marriages All men and women are created equal. Until recently, that has not always been the truth. Now according to the Supreme Court ruling on same sex marriages, all men and women who […]
Imagine choosing a lender to help you with your refinance. You go through the loan process believing you will be closing within 30 days. Then days before closing you find out your house didn’t appraise high enough to do a refinance. You’re out $400 for an appraisal you think you can’t use and you’ve been […]
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.
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 […]