VA Home Loans: Top Benefits and Advantages

The G.I. Bill was enormously popular and successful; the many perks and benefits that it afforded to United States military personnel and veterans were the impetus for that popularity. Few parts of the bill were met with more enthusiasm than the VA home loan provisions. Since being introduced, VA home loans have been quite popular and have helped thousands upon thousands of military personnel to get into affordable homes. If you are qualified to take out a VA home loan, you should seriously consider doing so; some of the main reasons include:

Military Service Requirements for VA Loan Eligibility:

Note:  Applications involving other than honorable discharges will usually require further development by VA.  This is necessary to determine if the service was under other than dishonorable conditions.

There are certain rules and regulations that determine whether you are eligible for a VA loan.

You can request the certificate of eligibility through your lender or under certain conditions like insufficiency of data; you may have to get the document directly through the department of VA.
 


You can obtain a VA certificate of eligibility by following some simple steps:

13 Mar 2013 , According to PRWeb

Broadview Mortgage reports on the potential effects the April 1st FHA Mortgage Insurance increase will have on current and future homeowners.

 

08 Mar 2013 , According to PRWeb

After the warning issued by Jim Flaherty, Mortgage Expert Marcus Arkan, CTO of Syndicate Mortgages Shares a Mortgage Broker’s Point of View on BMO’s Controversial Rates

Toronto, Ontario (PRWEB) March 08, 2013

Earlier this week, Bank of Montreal announced further cut down on their five-year fixed mortgage rate from 3.09 to 2.99 percent. According to an article published in the Globe and Mail, Mr. Jim Flaherty has issued a warning over the mortgage war that BMO’s move might ignite. Mr. Marcus Arkan, CTO of Syndicate Mortgage analyzed the possible after-effects of this move and shared his views on the subject.

 

VA Loans: What Is A VA Loan?

If you have served in the military or are currently serving in the military, you may be eligible for a VA loan. VA loans are provided by lenders who participate in the VA loan program, not directly by the Veterans Administration (VA). There are many different lenders participating in the program that allows them to lend money under the VA loans program including bigger national banks, regional banks, mortgage banks and mortgage brokers.

 

20 Feb 2013 , According to PRWeb

Clopton Capital now offers both recourse and non-recourse commercial mortgages nationwide.

(PRWEB) February 20, 2013

Clopton Capital is a nationwide commercial real estate finance firm that funds loans through insurance companies, cmbs securitizations, and banks. The company has been in operation since 2007 and has grown its lending pipelines significantly year over year.

 

9 Feb 2013 , According to PRWeb

The Federal Savings Bank found that January home offers increase year over year in January.

Chicago, IL (PRWEB) February 09, 2013

The Federal Savings Bank found that the number of customers who wrote offers in January rose 70 percent this January compared to a 50 percent increase in January 2012. The company suggest that while the pickings may be slim, buyers are finding options and giving offers on homes. Further home tours also increased for the month of January. According to a release from Refin, tours rose to 58 percent compared to 52 percent from 2012.

 

12 Feb 2013 , According to PRWeb

South Boston, VA (PRWEB) February 12, 2013 On Friday, Feb. 1, 2013, TitleMax, one of the nation’s largest and most reputable title lending companies, opened its first location in South Boston, VA. The new location, along with TitleMax stores across the country, offer individuals with little, no, or even bad credit the opportunity to get a cash loan based on collateral, not credit history.

 

12 Feb 2013 , According to PRWeb

Home prices in the fourth quarter of 2012 showed a rate of annual appreciation greater than in any quarter since the end of 2005 the National Association of Realtors® (NAR) said recently.

Houston, Tx (PRWEB) February 12, 2013

Home prices in the fourth quarter of 2012 showed a rate of annual appreciation greater than in any quarter since the end of 2005 the National Association of Realtors® (NAR) said recently.

 

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