VA Loans and Mortgages

VA Home Loan Occupancy Requirements

VA Loan Occupancy Requirements

Updated: December 23, 2022

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. Government backing allows lenders to […]

Read More
How do VA borrowers get their names taken off a VA mortgage loan?

Removing A Borrower From A VA Loan

Updated: December 23, 2022

Multiple borrowers can apply for a VA loan together. But, co-borrowers may have to remove one of their names if divorce or other circumstances affect the arrangement. The VA Lender’s Handbook, VA Pamphlet 26-7, outlines the rules of the VA loan program, including those for removing a borrower’s name from a loan. Keep in mind, […]

Read More
How to buy a condo with a VA loan

How To Buy A Condo With A VA Loan

Updated: January 30, 2023

Military members and veterans can use VA home loan benefits to purchase various properties, including condo units. However, the VA home loan process for condominium purchases is a little different than financing other types of eligible properties using a VA mortgage. Here’s what you need to know, according to the VA’s Lender Handbook, VA Pamphlet […]

Read More
VA Loan Certificate of Eligibility

VA Loan Certificate of Eligibility (COE)

Updated: December 23, 2022

A VA Loan Certificate of Eligibility (COE) is an essential document in the VA lending process. Your VA COE enables you to use your VA Home Loan benefit to buy, build or refinance a home. Eligible veterans who have met the minimum time-in-service requirements to qualify for a VA loan can apply for their COE […]

Read More
mortgage relief programs

Mortgage Relief Programs

Updated: November 9, 2022

Before you start looking into your mortgage relief options, determine who holds your mortgage, who your current loan servicer is and whether or not you are delinquent on your loan. Missing payments limits your mortgage relief options, so it’s crucial to act as early as possible. In all cases, you’ll need your lender’s cooperation, so […]

Read More
VA loans for boats or RV

Are VA Loans Available for Boats and RVs?

Updated: December 23, 2022

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 […]

Read More
Earnest money deposit

Earnest Money Deposit

Updated: November 9, 2022

A buyer’s earnest money deposit acts as a sign of good faith. It shows the seller you are serious about buying a home.  If the buyer walks away without a good reason, the seller can keep the earnest money. However, buyers can walk away from the deal and keep their earnest money deposit in certain situations. 

Read More
Minimum property requirements

Minimum Property Requirements for a VA Loan

Updated: December 23, 2022

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 […]

Read More
VA loans for active-duty service members

VA Loans for Active-Duty Military Members

Updated: January 3, 2023

Military members can use the Department of Veterans Affairs loan program while on active duty. Here’s how VA loans work for active-duty military service members. VA Loan Overview VA Loan Eligibility Requirements for Active Duty Military Members Using Active-Duty BAH to Qualify for a VA Loan Considerations when Nearing End of Active-Duty Service How to […]

Read More
Those eligible for VA home loans to use caution when replying to offers to refinance VA loans with terms “too good to be true.”

VA Refinance Loan Scam Warning

Updated: November 4, 2022

The Department of Veterans Affairs and the Consumer Financial Protection Bureau (CFPB) warn those eligible for VA home loans to use caution when replying to offers to refinance VA loans with terms “too good to be true,” especially when that contact was not initiated by the homeowner. CFPB found deceptive refinance loan practices widespread enough […]

Read More

Military & Veteran Discounts

Want 30+ Military / Veteran Discounts to use today? Enter your email for updates and we'll send them straight to your inbox!

Get Started

All information is completely confidential.
By clicking ‘Get Discounts’ you agree to our Privacy Policy.

Check VA Loan Eligibility