With no down payment required and the backing of the federal government, it is hard to find fault with VA home loans. And when someone does find some sort of issue, it tends to be false. Here are four common myths associated with VA mortgages: Myth 1: VA loans take longer to close than conventional mortgages. Myth 2: VA loans can only be used once. Myth 3: VA loans cannot be used to buy a property in foreclosure or short sale. Myth 4: Members of the military serving overseas do … [Read more...]