What are the VA Loan Co-signer Requirements?
In the world of VA loans, borrowers often find themselves pondering over the question, “can you have a cosigner on a VA loan?” This query, though not uncommon, encompasses a few different factors including credit score requirements, income ratio, and eligibility requirements. VA loans, being unique in their structure and rules, bring about a different […]
VA Loan Requirements 2021
VA Loan Requirements – Va loan requirements is needed since VA loans are a great way to finance a house. The government-sponsored mortgage program has several unique features that help borrowers save money both prepaid and monthly payment. In fact, this is one of the few programs that enables 100% Loan-to-Value (LTV). In other words, […]
Who Qualifies For A VA Loan In 2023
Who Qualifies For A VA Loan – VA loans are an important military service benefit for qualified veterans, military personnel, and surviving spouses. It allows you to qualify for an affordable mortgage if you plan to buy or refinance even if your credit rating is not perfect. For many people who qualifies for a va […]
How many times Can You Refinance a VA Loan
How many times Can You Refinance a VA Loan? How many times can you refinance a VA loan? The answer is actually there is no limit to how many times you can refinance a home. However, there are waiting periods on how soon you can refinance a home after you have already done refinancing or […]
How Many Times Can You Use a VA Home Loan?
When it comes to VA loans, one question that often comes up is, “how many times can you use a VA loan“? If you’re a veteran or a service member who’s eligible for this home loan benefit, knowing the answer is critical. You’ll be glad to know that with VA loans, there are no home […]
Benefits of VA Loan vs Conventional
Benefits of VA loan vs Conventional Benefits of VA loan vs conventional. A VA loan basically has loads of benefits compared to conventional loans. So, if you are a military person and a veteran, you have a loan that really basically benefited you. Zero-down payment, no mortgage insurance fee, VA loan also don’t look at […]
VA Loan Requirements for Sellers
VA Loan Requirements For Sellers VA loan requirements for sellers. A VA loan is administrated by the Department of Veteran Affairs, which can be acquired if you are a veteran or active service member. Remember there are certain criteria for you to be qualify for a VA loan as a military person. VA loan also […]
FHA streamline loan amount calculator
FHA Streamline Loan Amount Calculator FHA Loan Calculator – FHA streamlined loan amount calculator. An FHA loan is a government-backed loan insured by the Federal Housing Administration. FHA loans typically have lower credit scores and down payment requirements for qualified home-buyers. It is important to remember, however, that the FHA does not lend you money, […]
Can you add renovation costs to conventional mortgage?
Can You Add Renovation Costs to Conventional Mortgage? Can you add renovation costs to a conventional mortgage? It is common for a property buyer and seller to add a renovation cost to their mortgage. A home renovation could cost both parties a hefty sum, this means they will look for alternatives for the financing of […]
What is Mortgage Insurance vs Homeowners Insurance?
What Is Mortgage Insurance VS Homeowners Insurance? Mortgage insurance is used for a borrower to pay for the lender if you, as the borrower, go default on the mortgage. Mortgage insurance or commonly known as private mortgage insurance or PMI protects mortgage lenders if somehow the borrower cannot pay the lender by the time they […]