· VA loans are a type of mortgage loan backed by the United States Department of Veterans Affairs, or the VA. Through the VA program, loans are issued via private banks and other lenders and guaranteed by the VA. This helps military service members and their families buy a home with no down payment and easier qualification requirements.. VA home loans have been around.
VA Loans Expertise. As a Top 5 VA lender, we understand the unique needs of servicemembers and their families, and can help you take advantage of every benefit you’ve earned. VA loans are backed by the Department of Veterans Affairs and offer exclusive mortgage benefits to eligible servicemembers, veterans and their spouses.
Learn about the advantages, requirements, fees and other costs of VA home loans. With so many steps, the VA loan process can sometimes feel overwhelming. In reality, the process can run smoothly.
The Disadvantages Of VA Home Loans. You’d be hard pressed to find a whole lot of drawbacks to a VA home loan. Assuming you qualify – i.e., that you are an active member of the United States military, or a veteran – then you will quickly see that the pros of such a loan far outweigh the few cons.
VA Loans With a VA loan, the federal agency will guarantee the mortgages offered by private lenders to qualified members of the armed forces, active military personnel, veterans or their widows. In some cases one can buy a home on a VA loan with no down payment. More than 27 million veterans and service personnel are eligible for VA financing.
Any borrowers financing with the Freddie Mac/conventional mortgage option and meet SETH’s Affordable Income Subsidy Limits may receive an additional 2 percent of the loan amount. 5 Star Texas Advantage Program is a true gift, as there is no repayment or recapture period for the funds provided, nor is there is a second lien on the property.
A Report From The Front Lines Of The Gold Bubble A very illuminating report out of BNY’s Nicholas Colas and Beth Reed describing the front lines of the so-called gold bubble. A must read for everyone who would rather listen to third-hand anecdotes and speculation instead of actually doing their homework.
· 4.8 out of 5 stars 281 Reviews. My current position with veterans united home loans is branch manager and mortgage loan originator. My passion is helping people purchase the home of their dreams.. Veterans United Home Loans provided more VA Home Loans.