Three Reasons to Get a VA Loan Today

All VA mortgage loans require a funding fee, typically 2.15 percent of the loan amount, regardless of any down payment. This funding fee is not required for veterans who receive disability payments from the VA due to service-related disabilities but all other VA loans do require this fee to be applied to their mortgage loan.

Eligibility Requirements For VA Home Loan Programs – Learn about VA home loan eligibility requirements for a VA direct or VA-backed loan. Find out how to apply for a Certificate of Eligibility (COE) to show your lender that you qualify based on your service history and duty status.

VA denies Mass. veteran home loan over his legal marijuana job – The reason. get their benefits.” Meanwhile, the veteran in Revere is looking for a house again. His wife has headed back to work. This time, they’ll include her income on the application and go.

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Top 4 Reasons to Get a VA Loan | AmeriFirst Financial, Inc – The Top 4 Reasons You Should Get a VA Loan. August 1st, 2018 | VA Loans. If you are a military veteran or are currently serving active-duty, there is an incredible mortgage loan available to you through the Department of Veterans Affairs – the VA loan.

You can imagine the time it would take just to get a loan approval from the VA and one of the reasons many sellers at times would refuse an offer on a home if the buyer was using a VA loan for the.

Do familiarize yourself with the three. the VA loan process. Next Step: If you’ve earned home loan benefits, crossing the COE off your list can get you one step closer to becoming a homeowner..

#1 VA Lender: Veterans United Home Loans provided more VA Home Loans by total volume than any other lender in 2018. Source: Department of Veterans Affairs Lender Statistics A VA approved lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.

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VA Loan vs Conventional: Which One is Better and Why? – For the same reason that VA loans are easier to qualify for, you can also get much better terms on VA loans than on a conventional loan. When lenders take on a VA-eligible borrower, they aren’t taking on as much risk as they are with a conventional borrower since the VA is willing to guarantee a percentage of the loan amount.

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There are dozens of reasons to choose the VA Loan Guaranty program over comparable programs such as the FHA home loan, and the conventional loan program via Fannie Mae and Freddie Mac.