Considering purchasing a home with a VA loan? At VeteransLoans.com, we want to make sure you understand the entire process from start to finish.
VA loan debt-to-income (DTI) is the percentage of your monthly income that goes toward debts, including your future mortgage payment. While the VA does not set a strict maximum, most lenders look for a DTI around 41% or lower—though higher ratios may still be approved...
VA termite inspections—also called wood-destroying insect (WDI) inspections—are often required during the VA home loan process, depending on the property location. These inspections help identify active infestations or damage from termites and other pests that could...
The best home loan for most eligible military borrowers is a VA home loan because it offers flexible qualification guidelines, no down payment in many cases, and no private mortgage insurance requirement. VA loans are designed specifically for service members,...
Being “underwater” on your mortgage can feel stressful—but if you have a VA home loan, you may have more options than you think. Many Veterans and service members face this situation during market shifts, and there are VA-backed solutions designed to help you regain...
Yes, in many cases you can use your VA home loan benefit more than once. Eligible borrowers may buy again after selling a home and restoring entitlement, and some may even keep a current VA-financed property while using remaining entitlement for another primary...
A VA loan co-signer—also called a joint borrower—can help you qualify by combining income and assets, but they must typically be a spouse or another eligible Veteran to receive full VA benefits. Using a non-eligible co-signer may still be possible, but it can change...