The US Department of Veterans Affairs has released a recent announcement clarifying certain issues on third-party verification requirements for underwriting VA mortgages. The clarification was made through Circular 26-17-43. The circular clarifies some issues put forward by lenders who were inquiring about whether or not third-party vendors can verify a borrower’ income, employment history, or […]
Are You Looking to Refinance in 2018?
Are you looking to refinance your VA mortgage but don’t know which road to take from here? There’s no universal right timing to refinance a VA mortgage as it always boils down to your finances and your future plans. However, even with VA’s low-interest advantage, refinancing today could give you even more edge as rates […]
Top Mortgage FAQs (Frequently Asked Questions) – Part II
Updated, January 2018 If you’re a first-time home buyer, chances are you have plenty of questions about the whole mortgage acquisition process. This two-part article series is designed to answer your most common mortgage questions (FAQs) to help you gear up for your home financing journey. See the first part of the list here. Is […]