HomeLight
SEPTEMBER 1, 2022
Mortgage insurance premium (MIP) paid monthly for the life of the loan. VA loans are available to current service members and veterans who meet eligibility requirements. There are two types of VA loans — a VA direct home loan (uncommon) and a VA-backed home loan. DTI of 43% or lower.
HomeLight
JANUARY 27, 2021
VA loans : Finally, there are VA loans that have advantageous features for qualifying military service members and their spouses. Other features: VA loans are a great option for qualifying buyers because they have low rates and fees, and require zero down. Sweeten the pot with earnest money.
The Close
DECEMBER 29, 2022
It’s an official form certifying that a veteran has met the terms that qualify someone for a VA loan. VA loans might have a lot of red tape, but they can be excellent, affordable options for service members and their spouses. Days on market (DOM). Earnest money deposit.
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