This week, VA guaranteed its 28 millionth home loan. Currently, over 3.7 million Veterans have active home loans guaranteed by VA.
There are several benefits to using a VA home loan, including 100% financing with no down payment and no private mortgage insurance is required.
Are you planning to buy a home with your VA home loan benefits? The first thing you need to do is request your VA home loan Certificate of Eligibility (COE).
These tips for spotting and avoiding VA home loan scams come from the Consumer Financial Protection Bureau. Many service members, Veterans and military spouses have been receiving fraudulent calls and mailers from companies who claim to be affiliated with the government, VA, or their home loan servicer.
New changes passed by Congress and signed by the President have expanded eligibility and access to the Department of Veteran Affairs’ home loan program.
VA announced Oct. 28 that it achieved a record year [...]
The VA home loan is available for eligible Veterans, service members and certain surviving spouses. And, no down payment is ever required by VA.
The CARES Act helps Americans economically impacted by the coronavirus (COVID-19) pandemic by helping homeowners avoid home foreclosure.
On Jan. 1, 2020, it became easier for you to use your VA home loan benefit to purchase, refinance, or construct a home with no down payment, regardless of the cost of the home. The VA home county loan limits were eliminated as part of the Blue Water Navy Vietnam Veterans Act of 2019 for Veterans and service members with full entitlement.
On its 75th anniversary, the VA home loan program continues to make a difference for Veterans and military families, and for generations to come.
VA also modified the “home loan welcome” letter to make sure Veterans know they may qualify for a loan fee waiver, should they later obtain a VA disability compensation award.
Veterans who qualify for VA Home Loan funding fee waiver will be notified in home loan eligibility certificate and disability compensation award letter.
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