Tips and advice to help Veterans and military families get the most from homebuying
A VA loan is a mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs. Here we look at how VA loans work and what most borrowers don’t know about the program.
Your Certificate of Eligibility (COE) verifies you meet the military service requirements for a VA loan. However, not everyone knows there are multiple ways to obtain your COE – some easier than others.
Buying a condominium with you VA home loan benefit is a great option. However, there are additional requirements that differ from purchasing a single-family residence or a multiunit complex.
Credit score requirements vary by lender. However, most lenders have similar criteria. Let's look at the minimum credit score for a VA loan and what lenders typically expect.
VA loans allow Veterans to have a co-borrower on the loan. Here we break down co-borrower requirements and provide common scenarios around co-borrowing and joint VA loans.
Here we look at how shopping for a mortgage impacts your credit and how lenders, including Veterans United, typically use a different scoring metric compared to credit monitoring tools.
VA loans offer one of the most affordable ways for Veterans and their surviving spouses to become homeowners. Along with low-interest rates and no down payment requirements, you can use them to buy many different kinds of homes, from standard single-family homes and condos to manufactured and modular homes.
Home inspections are an instrumental part of the homebuying process, saving you a lot of time and money in the long run.
Assuming another's VA loan is an intriguing benefit with VA loans. Here we take a look at what an assumption is, the process and who can assume a VA loan.
Manufactured and modular homes are an attractive option for many VA borrowers, but must meet minimum property requirements and other guidelines specified by the lender. Some lenders may not be willing to finance these homes.
Building your dream home is a possibility with a VA home loan. But it isn’t always an easy road. Here we take a deep dive into VA construction loans and how you can build a home with a VA loan.
Once you reach retirement age, it's common to re-evaluate your financial situation and look for ways to secure your cash flow.