The VA offers benefits to veterans to help them buy a home with little money out of their pocket. The VA provides veterans with a basic benefit. However, that basic benefit isn’t always enough to buy a home in their county. This is when the bonus entitlement comes into play. It makes up the difference […]
Where Do I Look for IRRRL Lenders?
Military veterans and servicemembers have plenty of great benefits. From healthcare to education, from housing to memorial assistance, qualified veterans and active duty military can take advantage of different programs. The United States Department of Veterans Affairs has conceived numerous housing programs to cater to and aid many veterans. One of which is the IRRRL. […]
What is VA Second Tier Entitlement?
VA borrowers have the opportunity to use second tier entitlement if the need arises. This could mean a few things. They could purchase a second home with approval from the VA. They could also buy a home after experiencing a foreclosure on a VA loan. We discuss the parameters of each situation below. What is […]