Read the latest blog posts from our mortgage experts, get the latest updates about the industry, tips and tricks for making your purchasing experience easy, and more!
USING GIFT FUNDS TO BUY A HOME
For many homebuyers, gift funds are a needed boost to help them cover the necessary down payment on their dream home. Although it’s common practice to receive... » Read More of the post USING GIFT FUNDS TO BUY A HOME
2022 VA Loan Limits have increased
The Department of Veterans Affairs (VA) increased 2022 loan limits for potential VA homebuyers across the country! This means that active and retired military service members and their... » Read More of the post 2022 VA LOAN LIMITS HAVE INCREASED
Buying a home can seem overwhelming. As possibly the largest purchase you’ll ever make, you may even convince yourself that homeownership is financially beyond your reach. However, there are several factors you can... » Read More of the post 5 Factors That Make Buying a Home More Affordable
The VA Loan program was established to help our nation’s veterans and their families achieve the goal of homeownership. It has features unlike any other loan product and, if you qualify, is a... » Read More of the post Why Choose a VA Loan?
Who Qualifies for a VA Loan?
In a sentence, VA loans are specialty mortgages offered exclusively to military service members and their families, and partially backed by the Department of Veterans Affairs. The details... » Read More of the post About VA Loan Qualifications
Do I Qualify for a VA Loan?
VA loans are specialty mortgages offered to military service members and their families and are partially backed by the Department of Veterans Affairs. To learn more details... » Read More of the post Who Qualifies for a VA Loan?
The Department of Veterans Affairs can now back loans that exceed the conforming loan limit. A bill eliminating this cap was signed into law by President Donald Trump on June 25th, 2019.
[caption id="attachment_124871" align="alignright"... » Read More of the post Bill Eliminating VA Loan cap signed into law
Higher loan limits have just been announced for 2018. This is great news for anyone looking to purchase a home in the coming year. It is not yet confirmed that FHA and VA... » Read More of the post Loan Limits Increased For 2018
The 2018 VA Loan Limits have been released.
The VA loan program does not have a maximum amount a veteran can borrow using a VA loan. For 2018, the ZERO down payment limit will... » Read More of the post 2018 San Diego VA Loan Limit
On December 8th, 2017, The Chapman Lending Team is proud to sponsor the Army-Navy golf tournament at Admiral Baker Golf Course. Each year the U.S. Naval Academy gives classmates and friends the opportunity... » Read More of the post Army-Navy Golf Classic
Most people are already aware that one of the perks of using a VA loan is the zero down payment for homes that are under the loan limits provided for your specific county. ... » Read More of the post Disability Ratings and the VA Loan
Earnest money is a deposit made to a seller to prove a buyer’s good faith in a transaction. This deposit is a fraction of your down payment which indicates to the seller your... » Read More of the post What is an Earnest Money Deposit?
Even with the great rates that a VA loan provides, unforeseen circumstances can arise where the veteran is unable to pay for their mortgage any longer. If a foreclosure seems likely the veteran... » Read More of the post Foreclosure and VA Home Loans
CalVet Loans are based on CA bond rates
Most active duty and veterans are aware that due to their service they are entitled to one of the best home loans... » Read More of the post CalVet vs. VA Home Loans
The VA guidelines before 2012 stated that only spouses who died from military-related causes would be allowed to have VA benefits. Since then the VA has changed their stance on loan eligibility for... » Read More of the post Can a Surviving Spouse Use a VA Loan?
Today’s buyers are considered to be more energy efficient than ever and they are choosing to find homes that are considered to be more eco-friendly. However, finding the right home for the right... » Read More of the post What is the VA EEM?
This topic is sometimes difficult for veterans to understand therefore when we break it down it seems to be a little less frustrating. First of all, when addressing the bonus entitlement if you... » Read More of the post VA Loan Bonus Entitlements