VA Loan Minimum Property Requirements
If you are trying to buy a home using VA Mortgage financing, you may be wondering about the property requirements. Sadly, many Realtors make it sound like the minimum property requirements are way worse than they actually are. Also, keep in mind that if you find a home that does not meet the requirements, it […]
Short VA Appraisal? You Can Appeal It
If you are getting a VA mortgage loan, you will need to get the home appraised. In this hot market, there is a possibility that the home will not appraise for the full purchase price. What do you do in this situation? Unlike Conventional and FHA mortgage loans, the VA Mortgage allows for an appeals […]
Residual Income and VA Loans
Closing Costs For VA Mortgage Loans in Ohio
If you are a veteran and thinking about buying a home, one of the first things you may be wondering is: “How Much Are The Closing Costs For A VA Mortgage Loan in Ohio?” In this post, I’ll tell you a bit about how much you can expect to pay for closing costs of a […]
New Restrictions Coming to 100% VA Cashout Refinance Loans
Big Changes Coming to the VA Loan Program in 2020
Yesterday, the Blue Water Navy Vietnam Veterans Act of 2019, also known as HR 299, was signed into law by President Trump. I’ve reviewed the original text from Gov Track and here’s what I’ve found out. Part 1: Medical Coverage Changes This bill is mostly designed to expand medical coverage for Vietnam War Veterans who […]
Dave Ramsey is Wrong About VA Loans
I recently read a blog post written by Dave Ramsey regarding the VA Mortgage loan program. In it, Dave’s advice wasn’t just a little bit off. It was flat out wrong! Dave has mentioned VA loans several times on his show, all with the same bad advice. In this particular case, since it’s in print, […]