For veterans, military members and reservist homebuyers, the process doesn’t differ much from the process of conventional or traditional home loans. The major differences come in play when a prospective buyer looks and studies the advantages of taking out a VA loan vs. a traditional one. …
In the fiscal year 2017, the Department of Veterans Affairs (VA) has guaranteed about 740,000 loans. This, so far, sets the highest record of all time. Since the implementation of the VA Loan program, more and more homebuyers benefit each year. For several veterans, active service …
What is a VA Loan? A VA Loan or Veterans Affair Loan is a mortgage option made available at $0 down payment for qualified American Veterans, Service Member Personnel, reservists, and select surviving military spouses. Qualified lenders, usually private ones, issue the loan to borrowers. The …
Because of its overwhelming success, the VA Loan program became the favorite target of most scammers. And that’s not all. Authorities note that there has been a staggering increase of VA loan scam incidents every year. Most of these come from unsolicited phone calls. VA members …
The VA Loan Program, which has been offered to US veterans and military men since the 1940s, is probably the most cost-effective loan program there is. Because of its low interest rates and affordable downpayment, it’s no wonder why there is an increasing number of members …
