A VA Streamline Refinance, formally called an Interest Rate Reduction Refinance Loan or IRRRL, lets eligible homeowners replace an existing VA-backed mortgage with another VA-backed
Buying a home is a big deal, and for us veterans and service members, the VA loan is a fantastic benefit. We know it can
A low credit score does not automatically eliminate your VA home loan benefit, because the Department of Veterans Affairs does not publish one universal minimum
Buying a home with a private well using your VA loan benefit? You’ll likely need a water test before closing. In over 20 years of
One of the most common questions veterans ask after a short sale goes something like this: I had a short sale two years ago. My
A foreclosure does not end your VA loan benefit. The two-year benchmark most lenders use is real, but it is only one of five things
VA allowable fees are closing costs that a Veteran, service member, or eligible surviving spouse may legally be charged on a VA-backed mortgage under federal
VA loan discount points are an optional upfront cost you may pay at closing to receive a lower mortgage interest rate. One point equals 1%
VA non-allowable fees are closing costs a Veteran cannot be required to pay unless VA regulations or an approved state or local variance expressly permit
A non-Veteran can often assume an existing VA-backed mortgage, but the transfer is not automatic, and it does not give the buyer VA loan entitlement.