VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Keeping Current Matters

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own homes.

VA loan refinance options: 2022 VA IRRRL and cash-out

The Mortgage Report

A VA loan refinance can help you reduce your monthly payment or take cash out. Refinance VA Refinance i want to refinance my va loan IRRRL VA IRRRL va loan cash-out refinance va loan refinance va loan refinance choices va loan refinance options va loan streamline refinance

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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). . So, what will 2022 look like for the VA FTHB borrowers?

A seller rejected my VA loan offer. What can I do now?

The Mortgage Report

In can be harder to get a VA loan offer accepted in a competitive market. Learn why some sellers don't like VA loans and how to improve your chances.

VA minimum property requirements: 2022 VA loan MPRs

The Mortgage Report

A complete list of VA minimum property requirements (MPRs). Find out if the home you're buying will be approved for a VA loan. VA Loans va minimum property requirements VA MPRs

VA loan co-signers: Who can co-sign on a VA loan?

The Mortgage Report

VA loan co-signers are allowed. But the co-signer must be your spouse and/or another VA-eligible borrower. Learn more about VA loan co-signers here. VA Loans VA Refinance

VA loan vs. conventional loan: Pros and cons 2021

The Mortgage Report

When it comes to VA loans vs. conventional loans, it's often an easy choice: VA, if you're eligible. Conforming Mortgages Conventional Loans VA LoansBut your situation could be different.

Why aren’t 76% of veterans using their VA loan benefits?

The Mortgage Report

But only 24% of those have tapped their VA loan benefits. Learn more about VA loan benefits and how to use yours. VA LoansOver 14 million veterans own their homes.

No VA loan limits: Can I get a VA jumbo loan in 2021?

The Mortgage Report

No more VA loan limits VA loan limits were repealed in 2020. That means the VA mortgage program — arguably the best financing available — is now better. VA LoansAn end […].

VA loans give veterans the hope of homeownership, the American Dream

The American Genius for Real Estate

(HOMEOWNERSHIP) After a veteran of the US Navy was honorably discharged due to injuries, VA loans offered a chance to pursue homeownership. The post VA loans give veterans the hope of homeownership, the American Dream appeared first on The American Genius Real Estate.

VA loan rates are the lowest of any mortgage program

The Mortgage Report

VA loan rates are typically the lowest on the market, even below FHA or conventional mortgage rates. Find out if you qualify for a low-rate VA loan. Mortgage Products Mortgage Rates VA Loans VA Refinance

What is the VA loan Certificate of Eligibility?

Realty Biz

A VA Loan Certificate of Eligibility is your proof of service, and it shows that you’re qualified to receive your VA loan benefits. You may be eligible for a VA mortgage if you have served or are currently serving in the military.

Report: VA Loans Surge Amidst Pandemic

RISMedia

VA loans are having a record 2020. According to mortgage lender Veterans United Home Loans, the VA loan program backed more than 865,000 loans so far this year. The post Report: VA Loans Surge Amidst Pandemic appeared first on RISMedia's Housecall.

FHA vs. VA loan: Pros and cons for first-time home buyers

The Mortgage Report

Everything you should know about FHA vs. VA loans: Pros, cons, requirements, and advice for home buyers. Mortgage Products Mortgage Strategy

VA removes pre-approval process for some loans?

Housing Wire

The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. The VA did not immediately respond to requests for comment.

VA jumbo loan rates and rules for 2022

The Mortgage Report

Learn how to buy a high-priced home using your VA loan benefits with the VA jumbo loan. VA Loans

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. This, however, doesn’t stop VA buyers from submitting an offer on the home. “We

Agents 334

The VA home loan: Benefits, requirements, and rates for 2020

The Mortgage Report

VA home loan benefits are unmatched by other mortgage programs. See VA loan requirements, benefits, and interest rates here. Military Corner Mortgage Products VA Loans mortgage rates Refinance U.S. Housing VA Loan

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Some mortgage companies expanding despite challenges

Housing Wire

Led by Irma DeLoen, Geneva Financial’s Chicago branch will offer products including conventional and government loans, such as loans from the Federal Housing Administration (FHA), Veterans Affairs and U.S. Rely Home Loans has plans to expand into Florida and Arizona.

Mortgage applications for new homes down in September

Housing Wire

New home sales purchase activity was weaker in September, and the average loan size rose to another record high, as homebuilders continue to grapple with rising building materials costs and labor shortages. When looking at loans by product type, conventional loans made up 75.1%

Mortgage applications recover as winter storms pass

Housing Wire

“Government refinance applications historically lag the more rate-sensitive movements of conventional applications, and that was true last week, as both FHA and VA refinancing volumes increased.”. The VA share of total mortgage applications decreased to 12.3%

Mortgage applications rebound following drop in rates

Housing Wire

“Borrowers acted on the decrease in rates for most loan types, with both conventional and government refinance applications showing gains,” Kan. However, the VA share of total applications decreased to 11.5% After six consecutive weeks of dips , mortgage applications rose 8.6%

Mortgage applications are thinning as summer approaches

Housing Wire

The average loan size on a purchase application edged down to $407,000, below the record $418,000 set in February — but still far above 2020’s average of $353,900.” the week prior, but the VA share of total mortgage applications increased to 11.2%

Streamline Refinance guide for 2022: Process and benefits

The Mortgage Report

FHA Refinance Refinance USDA Loans VA Loans FHA Mortgage mortgage rates Real EstateStreamline Refinance programs waive income, asset, credit and employment verification, simplifying the approval process. Appraisals aren't required, either.

Mortgage applications dip as home prices climb

Housing Wire

The VA share of total mortgage applications decreased to 9.8% Mortgage FHA loan Joel Kan Mortgage Bankers Association mortgage rates 2021 refinance applications VA loan

Mortgage applications decrease 4%

Housing Wire

The VA share of total applications decreased to 11.2% Mortgage Real Estate 15-year, fixed-rate mortgage 30-year, fixed-rate mortgage FHA loan mortgage applications mortgage rates 2021 VA loanAfter two straight weeks of increases , mortgage applications dropped 4.2%

Loans in forbearance gain after 6 weeks of decline

Housing Wire

According to the report, the portfolio-held and private labeled security loans were largely responsible for the recent increase, with forbearance share gaining from 7.1% to 7.3% – a total of 28,000 new loans in forbearance.

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New-year optimism reflected in mortgage applications jump

Housing Wire

“Both conventional and government refinance applications increased, with applications for government loans having their strongest week since June 2012.”. The VA share of total applications increased to 15.8% Mortgage applications jumped 16.7% after a 4.2%

Mortgage applications jump as rates fall to 2.96%

Housing Wire

“Additionally, refinance loan balances increased for the fourth straight week, an indication that higher-balance borrowers acted to take quick advantage of lower rates.” The VA share of total applications also decreased, from 11.9%

The 5 Biggest Mistakes Veteran and Military Home Buyers Make

Realtor.com

However, the process to get a home loan as a veteran isn’t foolproof. We asked VA-savvy real estate agents to tell us which missteps they see the most—and how you can avoid them when you apply for and get a VA loan. 1: Not using a VA-savvy real estate agent.

Refinance wave boosts mortgage applications 3.8%

Housing Wire

percent last week, but rates for 15-year fixed-rate loans, FHA loans and jumbo loans all fell to new MBA survey lows.”. The VA share of applications increased to 12.2% With mortgage rates continuing to hover near record lows, mortgage applications jumped 3.8%

Mortgage applications drop, but spring buying season looms

Housing Wire

Loan sizes moderated for the second straight week, which is potentially a sign that more first-time buyers are entering the market,” Kan said. The VA share of total mortgage applications decreased to 11.1%

CFPB continues to bring actions against mortgage companies targeting veterans with deceptive ads

Housing Wire

The Consumer Financial Protection Bureau issued a consent order against two companies on Tuesday following recent investigations of mortgage companies that use deceptive mailers to advertise loans guaranteed by the United States Department of Veterans Affairs.

Applications drop, despite falling mortgage rates

Housing Wire

However, the VA share of total applications increased to 12.2% Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.17% from 3.2%

Mortgage applications continue to fall as rates climb

Housing Wire

The VA share of total mortgage applications decreased to 10.3% Mortgage Mortgage Rates 30-year, fixed-rate mortgage FHA loan Joel Kan Lumber prices Mortgage Bankers Association MORTGAGE RATES VA loan