Service members and veterans have financial benefits and resources that their civilian friends don’t. Make sure to take advantage of these benefits. These include everything from exclusive life insurance options, to retirement benefits, to VA home loans. You have an amazing opportunity to save money, plan for retirement, and buy a home at good rates without a down payment.
Banks and Credit Unions That Make Early Deposits for Active Duty Military As a standard rule, service members know their bi-weekly salary will get paid out on the 1st and 15th of every month. For instances when that date falls on a weekend, the pay gets moved to the closest weekday instead. However, there are… Read more »
The Pentagon’s new budget includes a 4.6% pay raise for military service members in 2023. This represents the highest increase in decades.
VA Cash-Out Refinance loans are an option for those who qualify for the VA home loan program. This refinance loan option can be used to refinance any mortgage whether VA or non-VA into a VA home loan with cash back to the borrower at closing time. VA cash-out refi loans are different from other government-backed… Read more »
What You Need to Know About the Appraisal Process for VA Loans If you are interested in buying a home, the appraisal process is one of the most important parts of the journey toward purchasing a house. This is due to two things. One is that your loan officer is required to ensure the home… Read more »
What credit score do you need to qualify for a VA mortgage? Learn about FICO credit scores and how they impact your VA loan.
There are VA mortgages for a variety of loan purposes. You can buy a condo unit, townhome, duplex, and multi-unit properties with a VA mortgage. You can also use a VA loan to buy a mobile home and even the land that home is to be placed upon. VA loan rules for manufactured home purchases are a bit different than for buying a typical suburban home, but some of those differences have to do with the unique nature of manufactured housing. Learn more.
Why should you consider making a down payment on a VA home loan? Here are the scenarios where you may want to make a down payment? Learn more.
Looking for a condo unit to purchase with a VA loan? Here are some important aspects of the condo loan process you should be aware of.
Help for Veterans Through the Home Depot Foundation You might shop at Home Depot and know they have a military discount. There is also something known as the Home Depot Foundation, committed to improving the homes veterans. RELATED: Home Depot Military Discount The foundation has pledged to invest half of a billion dollars in veteran causes… Read more »
What are the VA loan limits for 2022? The short answer is, if you have never used your VA loan benefits…