Understanding the Mandatory Escape Clause on VA Loans Posted on February 28, 2019 by JMCHood The VA protects its veterans in many ways. Not only do they have flexible underwriting requirements and low fees/rates, but they also have what they call… Read More
Is it Possible to get a VA Loan if you Have a Tax Lien? Posted on February 26, 2019 by JMCHood Do you have a tax lien against you because of unpaid taxes? You might think that you can’t get financing with the tax lien in place,… Read More
What do Lenders Use to Decide How Much to Lend You? Posted on February 15, 2019 by JMCHood If you are thinking about buying a home, but have no clue how much mortgage you might qualify to receive, you have a lot of work… Read More
Do VA Loans Have Prepayment Penalties? Posted on February 5, 2019 by JMCHood Prepayment penalties used to be a common thing when you took out a new mortgage. Lenders wanted to make sure that they didn’t lose money on… Read More
Who Can Assume a VA Loan? Posted on January 29, 2019 by JMCHood Did you know that VA loans were assumable? This means that a ‘buyer’ can come in and take over your mortgage where you left off on… Read More
What are the Limitations of the VA IRRRL? Posted on September 9, 2017 by Chamler The VA’s Interest Rate Reduction Refinance Loan or the IRRRL is one of the best refinance programs in the market. This is made available to veterans… Read More
A Quick Guide to the VA Loan Process Posted on August 30, 2017 by Chris Hamler Taking a mortgage requires careful planning and preparation. If you enter the game without a game plan, you can end up exhausted, even surprised at all… Read More
VA Home Loans: The Good and the Not So Good Posted on August 28, 2017 by admin Thanks to its flexibility and provisions, qualified veterans would probably see VA home loans as the best choice. This program is quite attractive because it comes… Read More
VA Streamline Rules: What Happens When There’s a Change in Borrowers Posted on August 25, 2017 by Justin Existing VA borrowers are eligible to refinance under the Interest Rate Reduction Refinance Loan. But life happens, borrowers can part ways due to divorce or death,… Read More
What Happens to the Surviving Spouse When a Veteran Dies? Posted on August 11, 2017 by Chamler There are a lot of misconceptions about the VA Home Loan that need to be straightened out. One best example, many think that the Veteran Affairs… Read More