By far one of the most well-known VA benefits is the ability to buy a home without a down payment. But it is one of those perks that sparks a flurry of questions: “What other costs are involved?” “Is there a catch?” and, of course, the big “Why?” So we thought we’d put those skepticism to rest with a complete walk through of the VA home loan entitlement. About the VA loan guarantee Private lenders make VA loans, not the VA itself. The VA loan guarantee does not guarantee that you will be … [Read more...]
3 VA Loan Hurdles and How to Overcome Them
A VA home loan backed by the U.S. Department of Veteran Affairs is typically more flexible than other conventional home loans, but that doesn’t mean qualifying is a done deal. VA lenders are borrower-friendly and the VA loan process as a whole is accommodating and easy to understand, but some road blocks can pop up along the way. Here are 3 VA loan hurdles and how they can best be overcome: Low Credit Score: The average credit score for non-VA home loans is 756. But VA lenders, such … [Read more...]
Frequent Asked VA Home Loan Questions
Buying or refinancing a home is a big decision. We have compiled a list of the most common VA home loan questions to help make the decision process a little easier. Why should I get a VA loan over other loans? There are several advantages to using a VA loan to buy or refinance a home, but most importantly, VA home loans typically have lower interest rates and lower closing costs in addition to no monthly mortgage insurance premiums. Of course, one of the biggest benefits of a VA home … [Read more...]
Pizzas 4 Patriots feeds America’s troops
Pizza, while Italian in nature, has become an American staple. Whether it is deep-dish, thin crust, New York or Chicago style, one thing is certain: Americans love their pizza. In fact, approximately 3 billion pizzas are sold in the U.S. each year. But what’s better than eating pizza? How about eating pizza and supporting our troops at the same time? Pizzas 4 Patriots, a nonprofit organization that serves pizza to our military service members, is on a mission to provide America’s favorite … [Read more...]
