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Tag Archives: va loan

  • Military Families Can Use A VA Loan More Than Once

    Is It Possible to Use a VA Loan More Than Once?

    If your family has outgrown your home and needs more space, you may be wondering: Can you use your VA loan twice? Luckily, the answer is yes. You can restore your full VA loan entitlement by selling your home or paying off the mortgage in full. Alternatively, you can also use the remaining entitlement amount [...] More  →
  • what is a va loan?

    VA Loans 101: What Are VA Loans and How Do They Work?

    What are VA Loans and How Do They Work? A VA loan is a mortgage provided through a private lender, like OVM Financial, but is insured by the United States Department of Veteran Affairs. VA Loans are offered to active military personnel, veterans, and eligible surviving spouses of military members to help their homeownership dreams [...] More  →
  • Does A VA Loan Require Private Mortgage Insurance?

    Whether you are looking to buy, build, or refinance, a VA loan is tough to beat. A popular feature of this program is the ability to buy a home with no money down. Another amazing VA loan advantage includes the subject of VA loan PMI. PMI means private mortgage insurance. This is commonly charged on [...] More  →
  • Virginia first time home buyer

    What You Need to Know as a Virginia First Time Home Buyer

    Buying a home for the first time should involve up-front research and getting a crash course in real estate, finance, and mortgage lending all at once. Of course, the home buying process is rarely a topic covered in school. The result is that prospective buyer knowledge is usually limited to random articles, coffee cooler talk, [...] More  →
  • va loan limits

    The 2019 VA Loan Limit Increase Will Help Veteran Buyers

    Just like conforming loan limits, 2019 VA loan limits have increased for loans closed between January 1 - December 31, 2019. Each year, FHFA considers increasing conforming loan limits based on home prices. For the third year in a row, these loan limits have increased dramatically. Each year, VA loans follow the conforming loan limits. [...] More  →
  • How to Get a VA Loan for the First Time

    Not all first-time home buyers are in their early 20's, and the same is true for first-time VA loan buyers. Whether you are currently in the service, separated from service, in the reserves, a disabled veteran or a surviving spouse, getting that first-time VA loan is a big step! The information below will give you a [...] More  →
  • Buy a Luxury Home Using the Advantages of a VA Jumbo Loan

    A VA Jumbo loan was initially used by active-duty military service members and veterans who needed to purchase a home that exceeded VA loan limits for their county. As of January 1, 2020, the 2019 Blue Water Navy Vietnam Veterans Act repealed loan limits on VA loans. There’s no longer a limit to the amount …

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