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... »
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Chapman Lending Team at HomeBridge Financial
I'm inviting you to join me in "PROUD to Walk," the inaugural charity event hosted by The Navy Marine Corps P.R.O.U.D. Foundation from May 15 to May 23,... »
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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... »
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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?
As interest rates increase and the housing market slows down, wouldn't it be great if a home buyer could just take over a current low rate mortgage on a home? Of course, and... »
Read More of the post Are VA Loans Assumable? YES, and the Buyer doesn’t even have to be VA Eligible!
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... »
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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?
Veterans are in a unique position when it comes to home loans. They are offered a number of great benefits such as easier qualifying, extremely competitive rates and of course zero money down. ... »
Read More of the post Can You Receive Gift Funds For a VA Home 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?
Why is there a misconception out there that if a seller accepts a VA offer, they will have to pay more in closing costs?
Whether you are the buyer or seller, closing costs are... »
Read More of the post VA Loan Allowable and Non-Allowable Closing Costs
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
Housing is the biggest expense for most Americans and it accounts for more than 30 percent of a household's yearly expenditures. Of course, housing costs vary greatly depending on where you live and... »
Read More of the post Renting vs. Owning – The Power of the VA Loan in San Diego
While the majority of servicemembers and veterans are eligible for a VA home Loan, what are the requirements for spouses or even children? When looking into the VA Loan eligibilty there are always... »
Read More of the post Can a VA Loan Be Passed to a Spouse or Children?
VA Disability Can Save You Thousands in VA Loan Fees
Most veterans with disabilities caused by injuries sustained in service will likely be eligible for a VA home loan. Disabled... »
Read More of the post How Does VA Disability affect the VA Home Loan?
When considering a VA loan there are some property requirements that need to be met before a loan can be qualified. The VA's minimum property requirements or MPRs can help point you in the... »
Read More of the post Condition Requirements For a VA Loan
As most people know there are many benefits to the VA loan that other loans do not possess. But one requirement that is specific to the VA loan is pest inspections. Termites can... »
Read More of the post Termite Inspections and the VA Loan
Nearly 70% of College graduates have some sort of student loan debt, with an average of $37,000 in 2016. Just like any other debt, your student loans will be considered in your debt-to-income... »
Read More of the post Can Student Loans Affect VA Loans?
The 2017 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 2017, the ZERO down payment limit will... »
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Most people have the idea that once they find the perfect house they will live there forever. Unfortunately, that is not always the case. Your circumstances change and you may find your "perfect"... »
Read More of the post What if I have used a VA loan in the past?
Believe it or not but having a child or children can have an affect on your VA home loan. There are 3 main areas that can have a huge affect on whether or... »
Read More of the post Can Your Children Impact Your VA Loan?
Manufactured or modular houses have an appeal to buyers because of their cheaper prices than the standard houses that are built from the ground up. Living in a place such as San Diego,... »
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One of the benefits of the VA home loan is that an active duty member or a veteran can purchase a house of their dreams. But a common question regarding their loan is... »
Read More of the post Investment Property and VA Loans
What are the Closing Costs for a VA Loan?
Closing costs are the costs and fees associated with acquiring and finalizing a home purchase or refinance. Unfortunately, most of them must be paid before you... »
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What documents do I need for a VA Loan?
The VA Home Loan is widely considered to be the best mortgage available in today's market for active duty military and veterans. Eligible veterans are... »
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How do I get my VA Loan Certificate of Eligibility?
A good lender will get it for you! After establishing that you are eligible for a VA Loan, you will receive your Certificate of... »
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Do VA Loans require zero down payment?
Yes, they certainly can be. As a matter of fact, if performed correctly, an eligible veteran can put nothing down and have ALL of his/her closing costs... »
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2016 VA Loan Limits
The 2016 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 2016, the ZERO... »
Read More of the post 2016 VA Loan Limit for San Diego is $580,750
What are the Benefits of a VA Loan?
The VA loan is one of the best - if not the best loan product available. Here are a few reasons why:
ZERO down payment is... »
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How does one qualify for a VA loan/mortgage?
Very simply put, pretty much just like any other mortgage, with several advantages in the borrower's favor versus conventional mortgages. First of all, the VA DOES... »
Read More of the post How to Qualify for a VA Home Loan
Do I qualify for a VA Loan and am I VA loan eligible are two very different questions. Qualifying for a VA loan, like any mortgage, requires certain credit scores, income, and debt... »
Read More of the post VA Loan – Am I Eligible?
We've compiled a list of some of the most common VA questions and myths that we encounter on a daily bases while helping hundreds of veterans. In this series, we will strive to... »
Read More of the post Most Common VA Loan Questions and Myths
