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
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
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
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
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
What is a VA Home Loan? Why should I consider a VA Loan?
A VA Home Loan is a mortgage loan issued by approved vendors and guaranteed by the government. These loans have helped... »
Read More of the post What is a VA Home Loan?
Can an eligible veteran use his/her VA Home Loan benefit to purchase a multi-unit property up to 4 units? Yes!!
The veteran must plan to occupy one of the units, and they can rent... »
Read More of the post Can I use a VA Loan for a Multi-Family Property (up to 4 units)?
Can an eligible veteran/active duty VA buyer include his/her non military spouse's income on a VA Loan?
YES YOU CAN!
Even if the spouse is not VA Loan eligible, you can use their income to... »
Read More of the post Can I Include my Spouse’s Income For a VA Loan?
VA Streamline IRRRL
What is the VA Streamline IRRRL Program?
IRRRL stands for Interest Rate Reduction Refinancing Loan. You may also see it referred to as a “VA Streamline.” It is... »
Read More of the post What is the VA Streamline IRRRL Program?
Can you pay off debt with a VA Loan?
The VA loan is one of the most dynamic mortgage products available. As if being able to purchase a home with ZERO down payment wasn't... »
Read More of the post Can You Pay Off Debt With a VA Loan? – Yes You Can
How much house can one afford with a VA Loan?
Well, the answer really depends on the person. Many financial experts say a home should not make up more than 1/3rd of a gross... »
Read More of the post How much house can I afford with a VA loan?
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... »
Read More of the post What are the Benefits of a VA loan?
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
