The Difference Between a VA IRRRL and a Cash Out Refinance

June 18, 2008

For those veterans who already have a mortgage and are looking to refinance with the VA there are options to consider. What are you refinancing for? Do you want a lower interest rate, or cash out of the equity you have in your home?The VA offers both Interest Rate Reduction Refinancing Loans (IRRRL) and Cash [...]

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Choosing the Right VA Loan for You

June 10, 2008

There are a lot of loan choices for people today.  One major problem is that people who are interested in purchasing a home often jump into a loan without knowing what type of loan it is or how the terms of the loan will affect them in the long run.  Many people are blinded by [...]

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Why VA Loans are Easier to Qualify for than Traditional Loans

April 21, 2008

Veterans know that if they plan to use the VA Home Loan Guarantee Program to purchase a home that they are taking advantage of a valuable benefit that they earned from their service.  This benefit allows veterans who are eligible to purchase a home with easier qualifying guidelines that traditional lenders. Some of the reasons [...]

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VA Home Loan Guarantee Program

April 14, 2008

Under certain circumstances you do not have to pay the VA funding fee or can get a discount.  The VA Home Loan Guarantee Program is great for veterans who are in the market for a new home.  One of the most important questions is: how much do you have to pay to use this benefit?  [...]

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No down payment with the VA Loan Program

March 31, 2008

If you are a veteran who is interested in using your VA Home Loan Guarantee benefit, then you should know that you can purchase a home with no down payment.  Not having to wait the years it could take to save money for a down payment on purchasing a home is one of the best [...]

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Low closing costs for veterans with the VA Home Loan Program

March 26, 2008

When veterans use the VA Home Loan Guarantee Program one of the benefits is the lower and limited closing costs. Because the Home Loan Program is regulated by the VA there are only certain fees that are allowed to be charged to borrowers. The VA has a list of approved lenders that must be used [...]

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VA Loans and entitlement

March 17, 2008

If you are a veteran who plans to use your entitlement in the VA Home Loan Guarantee Program or who is currently using this benefit, there are some facts you should know.  Many veterans use their entitlement in the VA Home Loan Guarantee Program without knowing the details of their entitlement and how they can [...]

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Another VA loan video

March 5, 2008

I use google alerts so that I don’t miss a beat in the mortgage market. If you haven’t used google alerts you should definitely check it out, it’s handy! Anyway, it popped up a few days ago with the press release from the VA Mortgage Center. This video gives a good overview of the benefits [...]

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VA Benefits sites

March 3, 2008

I thought I would give you a little listing of some nice VA benefits sites.  It’s really surprising to me how many veterans don’t pursue their benefits to the fullest extent.  You served you country so don’t hesitate in asking your country to serve you! Armed Forces Benefits The VA VA Joe Benefits Info VA [...]

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VA vs. FHA loans Video

February 20, 2008

Here’s a nice little video on the basic differences between VA loans and FHA mortgages. It’s a regional production so some of the material is localized but there’s definitely some good information. Take 4 min to watch it and learn a bit about the differences between these two financing methods.

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