The VA loan provides veterans with 100% financing usually over a term of 30 years. What happens if the borrower wants to pay the loan off early though? Does the VA charge any prepayment penalties? Get Matched with a Lender, Click Here. The good news is that there aren’t any penalties for paying your VA […]

Veterans with a current VA loan can refinance their loan with a streamlined program called the VA IRRRL. The Interest Rate Reduction Refinance Loan gives veterans the chance to secure a lower interest rate or less risky loan program. All you have to do is verify your timely mortgage payments and have a benefit for […]

If you are on active duty, you probably receive allowances from the military. You might wonder if you can use this military allowance towards your qualifying income for your VA loan. The good news is that you probably can. Get Matched with a Lender, Click Here. Keep reading to learn what circumstances you can use […]