The VA does not allow borrowers to use a VA loan to finance a boat or RV purchase – even if you plan on living in the vehicle. However, borrowers can use one of the VA’s loan refinance options to purchase a boat or RV. VA Loan Overview The VA loan offers eligible veterans and […]
VA Loan Benefits for Disabled Veterans
Veterans with a VA disability rating for a service-connected injury or illness qualify for additional VA home loan benefits. The VA and many state and local governments offer special programs and benefits that can help veterans who live with service-connected disabilities save money when purchasing a home. What are the Benefits of a VA Loan […]
VA Loan Occupancy Requirements
The VA home loan is a no-money-down mortgage exclusively for military service members and veterans who have fulfilled a minimum service requirement. Certain surviving spouses of military members who died in the line of duty are also eligible for a VA mortgage. VA home loans are a government-backed mortgage program, which allows lenders to offer […]
Minimum Property Requirements for a VA Loan
The VA loan offers veterans an affordable path to homeownership. However, not all properties qualify for this loan because the VA wants to ensure veterans’ homes meet their baseline standards for habitability. Here’s what you need to know about minimum property requirements for a VA loan. VA Loan Overview VA Loan Minimum Property Requirements Common […]
Can You Transfer a VA Loan to an LLC?
When investors ask about transferring a VA loan to an LLC, they’re really asking about transferring the title of the underlying property to an LLC. These are two separate actions that can’t be conflated. While it’s impossible to transfer your VA loan to an LLC, alternative solutions – like transferring your property’s title – can […]
