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Tag Archives: VA requirements

  • 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  →
  • VA Construction Permanent Loans Help Veterans Build a Custom Home

    Finding a construction loan is very difficult today and almost impossible to find over 75 – 80% of the value, but finding 100% financing for building a new home is really tough. Luckily, there is the option of VA construction permanent loans. This is a combination of a construction loan along with a VA permanent closing. Therefore, …

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  • VA home loan guarantee

    VA Home Loan Guarantee and What You Need to Know

    Being in the military comes with both rewards and certainly challenges. But, one of those rewards includes buying, building, or refinancing a home with a VA home loan guarantee. VA home loans offer current military or reservists, Veterans, and a qualified surviving spouse so many benefits. These include the ability to purchase or refinance up [...] More  →
  • VA Certificate of Eligibility

    How to Get Your VA Certificate of Eligibility for Buying a Home

    VA home loans are one of the best options available for buyers. They provide potentially 100% financing, affordable housing payments, and flexible guidelines for those that qualify. But, in order to use this valuable home buying tool, one of the borrowers must have sufficient VA entitlement. The amount of entitlement available is a key factor …

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  • dd214 request

    Veterans See How to Make a DD214 Request Online

    To receive a VA loan as a military Veteran, lenders require a copy of the DD214. Furthermore, potential civilian and government employers may require an applicant's DD214 copy. Because it is a piece of paper, they get lost, ripped, and worn beyond deciphering. It is a key military document, and for that reason, Veterans should [...] More  →
  • VA Mortgage Guidelines for Determining if Primary Residence is Within a Reasonable Commute to Work

    The popular definition of a primary residence in residential mortgage lending is that the home is within a “reasonable daily commuting distance to work”.  There are situations where a homebuyer may travel a long distance when commuting to work yet still call a home over a normal commuting distance from their home or primary residence.  …

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  • Rent your current home and buy your dream home with no money down!

    Sound to good to be true?  This can be done by a Veteran, active service member, or qualified surviving widow of a service member purchasing a new home with a VA home loan!  These days if someone wants to rent out their current home and then purchase a new primary residence, most programs require either …

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  • Your Guide To VA Termite Inspections

    When buying a home, the inspections, title search, and the VA appraisal are critical reports for a buyer. These reports dig deep to determine the condition, value, and ownership of a property. One key report to a Veteran and the lender is the VA termite inspection. Unless you are looking for these pests, they can [...] More  →
  • Don’t let your closing get tanked by an abandoned UST!

    UST sounds like a disease, doesn’t it?  Well it can cause major issues on a purchase.  If the home being purchased has an abandoned underground storage tank (UST), and the buyer is using a VA or USDA, the tank must be inspected by a qualified environmental engineer who will comment on the tank and surrounding area …

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  • how to move out of your parents house

    How to Move Out of Your Parents House and Buy a First Home

    How to move out of a parents' household is a common question, and it is not just for teenagers. Many first time home buyers of all ages move back into the parents home at some point. A primary reason is to save money rather than spending on rent. Yet, many living rent-free still may not [...] More  →