Considering purchasing a home using the VA loan? What is a VA home loan anyway? Purchasing your home can be a complicated and tedious process. At VeteransLoans.com, we want to make that process as simple as possible by providing educational resources about VA loans and excellent customer service every step of the way.
From the initial pre-qualification and application process to the final steps of the closing process, our official VeteransLoans.com Blog contains helpful articles and resources throughout the entire process.
VeteransLoans.com is a full-service VA-approved mortgage lender, servicing conventional, FHA, and VA loans. Our primary customer-base is United States veterans our primary goal is to bring veterans home. We love being able to serve those who have served our country.
To learn more about VA loans and to get pre-qualified, contact one of our loan specialists today. Call 1 (888) 232-1428 to speak with a loan specialist today!
What is the VA Funding Fee? The VA funding fee is a one-time payment that can be paid upfront by the borrower upon purchasing their home with a VA-backed loan. This fee can also be rolled into the mortgage. This funding fee applies to both VA home purchases and VA...
A VA Certificate of Eligibility from the Department of Veterans Affairs is necessary to be approved for a VA home loan. A COE essentially demonstrates to your lender that you meet all of the VA’s qualifications based on your service history and duty status. A...
Are you considering purchasing a home in 2022? Wondering if you qualify for a VA home loan? Here are the latest VA loan guidelines, how to qualify for a VA loan, and an overview of all other VA loan requirements for 2022. Who Qualifies for a VA Loan? You may qualify...
A VA loan is a mortgage issued by private lenders and guaranteed by the U.S. Department of Veterans Affairs. This type of loan has no down payment requirement, competitively low-interest rates, limited closing costs, and no need for Private Mortgage Insurance (PMI)....
What is DTI? DTI stands for “debt-to-income” and refers to the ratio of your monthly debt payments over your monthly gross income. Essentially, DTI compares your overall debt to your overall income. This calculation is used by mortgage lenders to determine if you...
The greatest barrier to purchasing a home for first-time homebuyers is the down payment. Many prospective first-time homebuyers qualify for a home loan but do not have the funds to set aside for a down payment. With inflation increasing in the last couple of years and...