Trying to get a VA loan with bad credit might feel like you’re shipwrecked with nowhere to go. Most lenders will tell you that you can’t get a VA loan with bad credit, or more specifically, a credit score lower than 620. Don’t be discouraged. This couldn’t be further from the truth. I’ll explain how […]
Has this happened to you? You’ve received a mailer promising what seems to be an impossible rate only to find out it’s an ARM with ridiculous points and fees. Yet it does get you thinking that maybe you could save some money by refinancing your Conventional or FHA loan into a new VA loan. So […]
DEBT…Just the sound of it causes a person’s blood pressure to rise. Unfortunately, Americans have more of it than any other country in the world. Once you have it, it seems almost impossible to get rid of. The great news is, as a veteran or military service member, you’re awarded one of the best possible […]
ARMs or Adjustable Rate Mortgages have fluctuated in popularity over the years. With the lower interest rates on fixed mortgages in the past several years, many people began ignoring ARMs in favor of these safer options. However, as interest rates slowly start to climb again there is a renewed interest in ARMs…especially the VA Hybrid […]
VA Loan Origination Fees: Beginning with the Truth It’s said that it’s always better to tell the truth. It’s also said that some people can’t handle the truth. The truth will set you free…Truth be told. However you say it, we all deserve the truth. Here is the truth of the matter…VA LOAN ORIGINATION FEES […]
Veterans can still refinance their conventional, FHA or subprime loans into a new VA loan up to 100% of the value of the home. Most veterans have been mislead to believe that they can only refinance to a VA loan up to 90% of the value of the home. Although throughout most of the country […]
Some veterans have been led to believe that the VA loan application process is difficult and time consuming. Quite honestly it has to do more with the level of knowledge your loan officer had and if they have had enough training to be considered a “VA Loan Specialist”. Otherwise, the VA loan process is not much different than any other type of mortgage loan.
An Energy Efficient Mortgage (EEM) has been a very popular product and one thousands of veterans take advantage of each year. There are numerous ways home buyers and current home owners can take advantage of this type of VA Loan.
There are quite a few searches online for the term “Military Loan”. This can refer to many different types of loans, like Military Pay Day Loans, Military Personal Loans, VA Loans, Military Business loans….well, you get the idea. You might see where that could get confusing. They all have their purpose but without really considering […]