When you’ve signed a purchase contract, you agree to buy the home. You might have some contingencies on the contract, such as a home appraisal contingency or inspection contingency. These give you a way out of the loan if things don’t go as planned, but if you back...

Eligible veterans can use the VA refinancing options to take advantage of their VA loan benefits. If you didn’t use your home loan benefit to buy your home, you can use it to refinance into a VA loan if desired. If you used your VA home loan benefit to buy a home, you...

If you were to take out conventional financing, you’d need a jumbo loan if you borrowed over $647,200. But that’s not the case with VA loans. Technically, there isn’t a jumbo loan amount or limit for VA loans. The VA did away with loan limits a few years ago. This...

First-time homebuyers get the greatest benefits from VA loans because it’s easier to buy a home with no down payment, and they pay a lower funding fee since it’s their first time using their benefit. Buying your first home can feel overwhelming, but VA loans make it a...

VA loans have some of the most competitive interest rates on the market because of the VA loan guarantee. They are historically lower than conventional loan rates, but your rate varies based on your qualifying factors and where you get the loan. The VA doesn’t set VA...

VA home loans offer veterans many benefits. There isn’t another loan program that provides the same financial benefits for veterans making it easy for them to own a home with little money down. If you’re unsure how the VA loan can benefit you, here are the top 10...

A big part of the VA home loan process is the VA home appraisal. You may have heard myths about the VA appraisal and that it’s impossible to pass or that sellers don’t like VA loans because of the appraisal issues. There are just that – a myth. VA home loan appraisals...

Qualifying for a VA home loan is a lot different than eligibility. You can be eligible for a VA loan and not qualify for one. Here’s why. Eligibility means that the VA will guarantee a loan for you IF you qualify for it. But you must prove that you can afford the...

VA loan eligibility differs from qualifying. To see if you qualify, you must first determine if you’re eligible. In short, you must have served in the military, Reserves, National Guard, or be a spouse of a veteran that lost their life due to their service. Time...

If you’re a veteran of the military, you may qualify for VA home loan financing. This attractive financing option is affordable and offers competitive terms. If you know you’re eligible for VA financing or you would like to find out if you are, keep reading our guide...