The VA guarantees loans for veterans. This means they promise to pay the lender back should the veteran default. Because of this, the VA only guarantees primary residence home loans. If you buy a home for anything other than living in it full-time, the VA loan won’t be an option. Looking for Current Mortgage Interest […]

Veterans using their VA home loan benefit are lucky enough to have limited closing costs. The VA restricts what VA borrowers can pay. Of the allowed costs, though, the VA home appraisal is one of them. Get Matched with a Lender, Click Here. The VA appraisal helps lenders determine how much they can lend you. […]

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 […]