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Better launches fully digital VA loan with no minimum down payment

Housing Wire

Department of Veteran Affairs (VA) loans through its Tinman platform. We’ve been working toward launching a VA product for the past two years,” Vishal Garg, founder and CEO of Better, said in an interview with HousingWire. “We Better’s rate for VA loans was 6.375% as of Tuesday afternoon, the company said.

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Busting VA mortgage loan myths

Housing Wire

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. Who is eligible?

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Voxtur rolls out attorney opinion letters for VA loans

Housing Wire

on Wednesday announced that it has released an Attorney Opinion Letter (AOL) product for VA direct and VA-backed home loans as a compliant alternative to title insurance. Voxtur previously announced this year that it had produced an AOL for Fannie Mae loans. Real estate tech firm Voxtur Analytics Corp.

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Will rising interest rates impact VA loans for first-time homebuyers?

Housing Wire

The VA loan is an important financing tool for VA-eligible borrowers to achieve their homeownership dream. In 2021 one in two VA borrowers was a first-time homebuyer (FTHB). . The average VA FTHB’s interest rate was 2.90% and the quarterly FTHB VA purchase loan volume stayed elevated. In 2020, 3.82

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Assumable VA Loans: Can They Help You Buy a House?

HomeLight

In today’s high-interest mortgage market, finding affordable homebuying solutions is more crucial than ever. If you’re eyeing a property with a VA loan attached, you might be wondering about the potential of assuming the loan to benefit from a lower interest rate. Get Started What is a VA assumable loan?

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An agent’s crash course to VA loans

Real Trends

In the housing industry, agents need to develop their own muscle memory reaction to changing circumstances, new obstacles and shifting markets in order to stay in the fight. Chris Griffith is the CEO of Vetted VA, a training company and trusted source for VA home loan information. Vetted VA seeks to change that narrative.

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The mortgage market just had its strongest week in months

Housing Wire

Total home loan applications increased 2.8% Slower inflation and the confidence financial markets have that we are nearing the end of the Fed ’s hiking cycle has brought mortgage rates to the lowest level since August. The share of Federal Housing Administration (FHA) loan activity increased to 15%, down from 13.5%

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