Things You Should Know When Buying a Condo with a VA Loan Posted on December 25, 2017 by JMCHood If you are a veteran and want to purchase a condo, you are in luck. Your VA financing will apply to your condo purchase. However, there… Read More
Do You Know What Property Types VA Loans Allow? Posted on December 18, 2017 by JMCHood You are a veteran and are eligible for 100% VA financing. That’s great news! However, are you aware of what property types you can purchase with… Read More
Do VA Loans Require PMI? Posted on December 4, 2017 by JMCHood Taking advantage of the VA loan benefit is one of the smartest things a veteran can do. If 100% financing isn’t enough to make you want… Read More
Making Sense of the VA Streamline Documentation Requirements Posted on November 27, 2017 by JMCHood If someone told you that you could refinance your loan with very little verification would you believe them? Probably not, right? It does sound too good… Read More
Proving Your Exempt Status for VA Loans Posted on November 20, 2017 by JMCHood The VA loan comes with a downside; you have to pay the funding fee. The good news is that some borrowers have an exempt status. This… Read More
Understanding the VA Residual Income Guidelines Posted on November 13, 2017 by JMCHood The VA has one unique property – its income guidelines. They don’t focus on the debt ratio; instead, they focus on the VA residual income. We’ll… Read More
Can you Include Closing Costs in a VA Loan? Posted on November 11, 2017 by JMCHood A VA loan doesn’t require a down payment and has low closing costs. However, there’s one benefit veterans don’t get. They can’t roll the costs to… Read More
The Truth About Disability Benefits for VA Loans Posted on November 6, 2017 by JMCHood Qualifying for a VA loan is separate from a veteran’s disability rating. But, there are certain disability benefits veterans may receive. The first step is qualifying… Read More
How Long Does it Take to Break Even After Refinancing? Posted on October 30, 2017 by JMCHood Refinancing doesn’t automatically mean you’ll save money. You have to find what is called the break even point. You might be surprised to learn just how… Read More
Meeting the VA Minimum Property Requirements Posted on October 23, 2017 by JMCHood You can be a veteran that qualifies for a VA loan and still not get approved. It comes down to the property and whether it meets… Read More