Employment and Income: How do VA Lenders Verify It? Posted on February 22, 2019 by JMCHood You probably know that for any loan, you need to verify your income and employment. Sometimes this goes beyond providing the proof that you have of… Read More
Can You Have More Than Two Borrowers on a Mortgage? Posted on December 25, 2018 by JMCHood Did you know that more than two borrowers can be on a mortgage? While it’s not your typical situation, it does happen. Compare Offers from Several… Read More
Does the VA Require a Pest Inspection? Posted on November 2, 2018 by JMCHood The VA needs to know that a home a veteran buys is a good risk. In other words, they need to know that it is safe… Read More
Can a Non-Veteran Assume a VA Loan? Posted on August 2, 2018 by JMCHood VA loans are among the only loans that are still assumable. This means that someone can ‘take over’ the mortgage where you left off. We know… Read More
Is Qualifying for a VA Mortgage More or Less Difficult than Other Home Loans? Posted on July 20, 2018 by JMCHood If there’s one question many borrowers have when it comes to the mortgage application, it’s ‘how hard is it to qualify?’ Borrowers want to know if… Read More
8 Simple Ways to Build Good Credit Posted on July 12, 2018 by JMCHood Building good credit is essential to your financial future. If you want to get any type of loan, you need credit that shows lenders you are… Read More
Do VA Home Loans Require an Inspection? Posted on May 15, 2018 by JMCHood There are many services you need to pay for when you buy a home, including an appraisal and sometimes an inspection. If you get VA financing,… Read More
What are the VA Guidelines for Income and Debt Ratios? Posted on May 4, 2018 by JMCHood The VA offers a flexible mortgage program for veterans. If you serve at least 180 days during peacetime or 90 days during wartime (during most time… Read More
Is a Better Interest Rate Mandatory for a VA IRRRL Approval? Posted on April 6, 2018 by JMCHood Veterans have the benefit of securing 100% financing for a home purchase. They also have the benefit of the streamlined refinance program once they have a… Read More
Can You Refinance with a VA IRRRL More Than Once? Posted on April 5, 2018 by JMCHood Veterans have the option to refinance their current VA loan with little verification required. As long as your VA loan is current and there is a… Read More