If you’ve ever applied for a VA home loan, you know you need a certificate of eligibility. It’s a small thing, but it can derail any loan if not handled properly. VA home loans are for veterans, active duty military personnel, and their surviving spouses only. With no down payment required, these loans are a small way of saying, “thank you,” to the men and women who put their lives on the line for our freedom. What is a VA Home Loan Certificate of Eligibility? The VA home loan … [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...]