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 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

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VA loan refinance scams and how to avoid them

The Mortgage Report

Here are the most common VA loan refinance scams and how to avoid them. Homeownership Topics VA Loans VA Refinance con artists scam servicemembers va loans verteransMortgage scams are real and they often veteran homeowners.

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.

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

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.

National Guard troops deployed to fight COVID eligible for VA loans

Inman

Mortgage Select COVID-19 Department of Veterans Affairs down payment FEMA national guard va veterans united home loansThe new law is a 'game-changer' for thousands of members who support states' pandemic response, as they will now have access to zero down-payment mortgages.

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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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%

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%

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 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 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 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%

Mortgage applications jump as rates plummet

Housing Wire

“With over 95% of refinance applications for fixed rate mortgages, borrowers are looking to secure a lower rate for the life of their loan,” Kan said Wednesday. the week prior, and the VA share of total mortgage applications decreased to 9.8% Mortgage applications increased 5.7%

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%

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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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 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%

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 fall for fourth week

Housing Wire

The VA share of total mortgage applications increased to 10.3% Mortgage Mortgage Rates FHA loan low inventory mortgage applications Mortgage Bankers Association MORTGAGE RATES purchase activity VA loan

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

Mortgage applications rise again, despite rates jump

Housing Wire

the week prior, and the VA share of total mortgage applications also decreased to 11.2% from 0.25 (including the origination fee) for 80% LTV loans. Mortgage Mortgage Rates 30-year, fixed-rate mortgage FHA loan Freddie Mac mortgage applications Mortgage Bankers Association VA loan

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.

Mortgage applications increase for second straight week

Housing Wire

All loan types hit their highest levels in two weeks. As a result, home prices and average purchase loan balances continue to rise, with the average purchase application reaching $411,400 — the highest since February.”. The VA share of total applications increased to 12% from 11.7%.

Mortgage applications decrease as rates move higher

Housing Wire

“The average loan size for purchase loans jumped to $384,000, the second highest level in the survey.”. The VA share of total mortgage applications increased to 13.8% Mortgage applications decreased 1.9% for the week ending Jan.

Mortgage applications rise 4.6%

Housing Wire

The average loan size increased again to a new record at $371,500, as activity in the higher loan size categories continues to lead growth.”. As a result, the lower price tiers are seeing slower growth, which is contributing to the rising trend in average loan balances,” Kan said.

Mortgage applications drop over holidays

Housing Wire

The VA share of total mortgage applications increased to 13.6% 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 ($510,400 or less) increased to 2.86% from 2.9%

Rising rates push mortgage applications down for fifth week

Housing Wire

However, the VA share of total mortgage applications increased to 13.38% from 10.3% Mortgage 15-year FRM 30-year, fixed-rate mortgage FHA loan Joel Kan mortgage applications Purchase mortgage applications VA loan

CFPB settles with seventh company for misleading ads targeting veterans

Housing Wire

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

MBA Data Indicates Large Declines for Past Due and Seriously Delinquent Loans

Eyes on Housing

According to the Mortgage Bankers Association’s (MBA) fourth quarter National Delinquency Survey (NDS), on a seasonally adjusted basis, the percentage of loans past due decreased from 6.38% in the first quarter to 5.47%.

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UWM to knock 50 bps off VA IRRRL loans

Housing Wire

United Wholesale Mortgage (UWM) announced on Wednesday that it would offer a 50 bps discount on all VA interest rate reduction refinance loans (IRRRL) through Veterans Day on Nov. With interest rates at historic lows, UWM has been offering a variety of loans under 3% to borrowers.

Loans 260

Is the VA Streamline Refinance (VA IRRRL) worth it?

The Mortgage Report

The VA Streamline Refinance (IRRRL) can be a fast and easy way to lower your VA mortgage rate and payment. Refinance VA Loans VA RefinanceBut when is refinancing worth it?

For the first time since April, forbearances fall below 3 million

Housing Wire

In the week prior, portfolio-held and private labeled security loans were largely responsible for the slight increase, with forbearance share gaining to 7.3% for a total of 28,000 new loans in forbearance. However, last week those same loans led the record decline after falling nearly a quarter (-24%) from the week prior, boasting a 228,000 reduction.

How to apply for a VA home loan: Process and requirements

The Mortgage Report

Learn how to apply for a VA home loan. Follow this step-by-step process to access your VA home loan benefits and buy or refinance a house at a low rate. First-Time Home Buyers VA Loans

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