You Should Know How Many VA Loans Can You Have
How many VA loans can you have? If this is what you are thinking, then you are in the right place. Getting a VA loan is an ideal option for veterans to make their dream come true and settle into a beautiful home with their families. Since these are primarily designed for veterans, you can […]
Can You Buy Land With a VA Loan
No, you cannot use a VA jumbo loan to purchase vacant land. VA home loans are only available for buying existing homes, and the VA handbook forbids the use of VA loans to buy “unimproved land with the intent to improve it in the future”. That means you cannot use a VA loan if you […]
VA Appraisal Checklist
What is a VA Appraisal? VA appraisal is a process that helps lenders determine a home’s value. Note that VA appraisals are different from conventional appraisals. The costs of the appraiser vary by state and appraisers have a responsibility to ensure that your property meets the Minimum Property Requirements specified by the U.S Department of […]
VA Loans and Title Restrictions
At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. Title restrictions are entries on a title deed that prevents the sale or transfer of a property in some way. They can be conditional based on specific occurrences or they can be absolute. They are most often encountered in […]
How Student Loans Impact VA Home Loan Chances
VA Mortgage & Student Loans At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. Your debt-to-income ratio is an important factor in your home loan application, whether you are applying for a VA loan or another type of loan. The debt-to-income ratio looks at how much money you […]
VA Home Loan Changes
At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. Guest blog from American Financial Resources* It is a great honor to serve our military men and women, and VA home loans help us make home buying possible for many of these families. If you’ve served in the military, […]
The VA Home Appraisal Process
VA Home Appraisal At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. Learn why VA Home Appraisals are vital, their six-month validity, and how they determine your home’s market value. When you purchase a home, one of the conditions of the loan is that you have it appraised. […]
Can I Get a New VA Loan After a Foreclosure?
At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. VA Loans & Foreclosure When a major financial hardship happens in life, and you find yourself not being able to make your mortgage payments, if this goes on long enough you may find yourself facing foreclosure. Foreclosure is what […]
Subsequent Use of a VA Loan
At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. Can You Use a VA Loan Twice? One of the great things about the VA loan benefit is that you can use it multiple times to buy homes. There is no limit to the amount of VA home loans […]
The Closing Costs for a VA Loan
At Security America Mortgage, we adhere to strict editorial integrity, take a look to learn more. When buying a home with the VA loan, there is no down payment, making it an excellent option for veterans. However, one financial obstacle that veterans will still need to face is closing costs. Closing costs are paid at […]