VA loans have seen a significant rise in originations in the past year. Does this mean that more veterans are now realizing the benefits of the program? If you’re looking for a mortgage with competitive rates, low down payment, and no stringent credit and income requirements, any expert would tell you the VA loan is […]
A Veteran Asks: Do VA Home Loans Have Prepayment Penalties?
Just when you thought you know everything about VA loans, here’s another feature that works to your advantage. These home loans don’t have prepayment penalties! This lack of prepayment penalties makes it perfect for you and other eligible VA borrowers to pay off your loan early and thus save on interest costs without worrying about […]
Native American Veterans Can Take Advantage of VA’s Direct Loans
Easy qualifying. Low closing costs. No downpayment. The only direct loans by the Veterans Affairs, made for Native American veterans. These are the winning features that make up the VA’s Native American Direct Loans program. Eligible veterans can use these loans to buy, build, or improve their homes located on Federal Trust Land, as well […]