VA Loan Resources
Welcome to the VeteransLoans.com resource hub where we empower our heroes with knowledge and resources. Dive into our articles that cover everything from navigating VA loans to tips on financial wellness. Our mission is to provide veterans with the insights they need to make informed decisions about their financial future.
VA Loan Rental Property Requirements
Qualifying military veterans and servicemembers are entitled to use the VA loan benefit to purchase a home, as long as they meet the fundamental VA and mortgage lender requirements.
If you are a qualifying military veteran and servicemember, you might be considering using your VA loan to purchase an...
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VA vs FHA Loans
Government-backed loans are designed to make housing more affordable and attainable to more people. But not all government-backed loans are created equal.
While VA and FHA home loans are both government-backed loans, there are some pretty important differences between the two, and understanding the ...
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Are You Ready to Be a Homeowner?
For first-time homebuyers, the prospect of purchasing a home can be daunting, especially in a housing market where home prices and mortgage rates are constantly changing and you’re not sure if now is the right time to enter the market or not. How do you know that you're ready to be a homeowner?
Here...
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VA Loan to Buy Land and Property
There are many ways to use your VA loan benefit and one of those is to purchase land to build a home on. The VA loan benefit cannot be used to purchase land specifically for the purpose of owning land. But if you are planning to build a home on the plot of land you are purchasing, a VA loan is a gre...
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Is a VA Loan Assumable?
What does it mean to assume a mortgage?
An assumable mortgage is when someone takes over the existing home loan instead of applying for a new mortgage. With an assumable mortgage, the remaining balance, mortgage rate, repayment period, and other loan terms stay the same, but the buyer assumes the re...
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VA Loan Condo Purchase Guidelines
One advantage of the VA loan is the various types of purchases you can make with a VA loan. A VA loan can be used to purchase a single-family home, manufactured home, condominium, a multi-unit property, and even a new build. However, not all types of purchases are the same with a VA loan.
This artic...
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VA Loan Pest Inspection Requirements
If you are in the process of getting approved for a VA loan, your purchase property may or may not be required to undergo an inspection for wood-destroying insects. This requirement can add a significant amount of time to the loan approval process, so it is helpful to be able to anticipate it ahead ...
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Can a VA Home Loan Close in 30 Days?
On average, a traditional VA home loan purchase will take 40 to 50 days to close. It is possible to close on a VA home loan in as short a timeframe as 30 days, and VeteransLoans.com is known for having some of the shortest turnaround times in the industry.
However, there are multiple variables that ...
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What You Need to Know About FHA Loans
A Federal Housing Administration (FHA) loan is a home mortgage guaranteed by the government and funded by a private bank or mortgage lender approved by the FHA. FHA loans are designed for borrowers with lower credit scores who might not be able to afford a larger down payment. This usually includes ...
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Will I Lose My Home if The Housing Market Crashes?
Experts are not predicting a housing market crash. Nevertheless, no one can predict the future and the housing market is susceptible to events, circumstances, and influences outside of anyone’s control. The fear of a housing market crash has raised a lot of questions and a lot of anxiety. Prospectiv...
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23 Money-Saving Moving Tips
You’re in the process of buying a new home. You’ve been pre-approved for a home loan, your offer has been accepted, and now it’s time to get serious about planning to move. With inflation on the rise and the extremely high cost of fuel, you need to save money on moving expenses.
Fortunately, we have...
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Strategies for Homebuyers in a Seller’s Market
The housing market is still a seller’s market. Inventory is low and the competition is high. How can home buyers successfully navigate the housing market right now?
7 Tips for Homebuyers in a Seller's Market
Here are several tips homebuyers can apply to strengthen their offers when buying a home.
Fi...
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