Can You Have Multiple Properties With A Single VA Loan?
Can You Have Multiple Properties With A Single VA Loan? You’re trying to buy a property and it includes more than one parcel or lot number. Maybe you want the extra acreage behind the house, or there are two structures on adjacent lots. The good news is that a VA loan can cover multiple parcels—but […]
How To Get A VA Loan When You Work On Commission
How To Get A VA Loan When You Work On Commission If you earn commission instead of a steady salary, qualifying for a VA loan is still possible. Lenders treat commission income differently because it can swing up and down from year to year. The good news is there are clear rules and practical ways […]
Can You Refi A VA Loan With Bad Credit?
Can You Refi a VA Loan With Bad Credit? If you have a VA loan and a low credit score, you might assume refinancing is out of reach. That is not always true. The VA Interest Rate Reduction Refinance Loan, often called the IRRRL or VA streamline, is designed to lower your interest rate on […]
Shocking Results of The Navy Fed VA Loan Survey
Shocking Results of The Navy Fed VA Loan Survey You probably know VA loans exist, but you may not realize how many eligible service members and veterans still misunderstand what they offer. A recent survey from Navy Federal Credit Union exposed a surprising gap: awareness is high, understanding is not. That gap creates myths, missed […]
Why Qualification Amounts Vary Between Lenders and Different Properties
Why Qualification Amounts Vary Between Lenders and Different Properties It’s confusing when one lender says you qualify for a certain loan amount and another lender gives you a different number. The single most important thing to understand is this: lenders are qualifying you on the monthly payment, not the total loan amount. That one idea […]
VA IRRRL Refinance vs VA Cashout
VA IRRRL Refinance vs VA Cashout When mortgage rates move, veterans often face two main refinance paths: the VA IRRRL (Interest Rate Reduction Refinance Loan) and the VA cash-out refinance. Each one solves a different problem. One is built to be fast and inexpensive when your goal is a lower rate. The other is designed […]
Can National Guard Mileage Reimbursements Be Used As Qualifying Income?
Can National Guard Mileage Reimbursements Be Used As Qualifying Income? If you serve in the National Guard and receive mileage reimbursements or a mileage bonus because your duty station is far from home, you might wonder whether that money can help you qualify for a VA home loan. The short answer is no. VA underwriting […]
Why Would Someone Refi To A Higher VA Loan Rate?
Why Would Someone Refinance to a Higher Rate on Their VA Loan? On the surface it sounds backwards: you refinance your VA home loan and accept a higher interest rate. Why would you do that? The short answer is cash flow and debt elimination. Trading a low mortgage rate for a higher one can make […]
Exposing the Lies That Shady Loan Officers Tell Veterans
Exposing the Lies That Shady Loan Officers Tell Veterans If you served, you earned a powerful benefit: the VA home loan. Too often, unscrupulous loan officers or companies take advantage of that benefit with tricks that cost you time, money, and peace of mind. You deserve transparent service and fair treatment. Below are three common […]
The 6 Most Common Mistakes That VA Homebuyers Make
Template The 6 Most Common Mistakes That First Time VA Homebuyers Make Buying your first home using a VA loan is an exciting milestone, especially if you’re a veteran or an active duty service member. However, this process can also be filled with pitfalls that might cost you time, money, and even the chance to […]