Featured photo credit: https://www.nationalguard.com/careers/ground-forces The VA loan is one of the most powerful home buying tools available to those who qualify. A few benefits of the VA home loan are an option for ZERO down payment, no Private Mortgage Insurance, and lenient credit qualifications. There are specific criteria to qualify for the VA home loan, …
Now, you could get a refinance loan for any term between 15 and 30 years! Get a better rate without "starting over". Benchmark presents: Odd Term Mortgages.
The fee amount depends on the type of veteran, whether you choose to put a down payment, and whether you have used the VA loan benefit before. Some people are exempt from having to pay the fee, and the VA has the last word on who is exempt.
The post VA...
All eligible veterans and active duty service members can take advantage of their VA loan benefit, but those with service-connected disabilities may be eligible for additional benefits when buying a home. VA Funding Fee Exemption The VA funding fee is ...
Effective October 1, 2011, the costs associated with getting a VA mortgage are going DOWN! An overview: VA mortgages are bundled, securitized and sold in the secondary market with the backing of the Federal Government. In order to insure these mortgages, the government charges a type of insurance premium, called a VA Funding Fee, which …
