Home Purchase
Tips and advice to help Veterans and military families get the most from homebuying
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VA Loans and Credit Score Minimums: Requirements Buyers Need to KnowCredit score requirements vary by lender. However, most lenders have similar criteria. Let's look at the minimum credit score for a VA loan and what lenders typically expect.
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How VA Loans Work: What Most Borrowers Don’t Know About VA LoansA VA loan is a mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs. Here we look at how VA loans work and what most borrowers don’t know about the program.
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VA Loan Certificate of Eligibility (COE): Why It's Important and How to Get OneYour Certificate of Eligibility (COE) verifies you meet the military service requirements for a VA loan. However, not everyone knows there are multiple ways to obtain your COE – some easier than others.
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Buying a Condo With a VA LoanBuying a condominium with you VA home loan benefit is a great option. However, there are additional requirements that differ from purchasing a single-family residence or a multiunit complex.
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The Complete Guide to VA Loan Co-Borrowers, Co-Signers and Joint VA LoansVA loans allow Veterans to have a co-borrower on the loan. Here we break down co-borrower requirements and provide common scenarios around co-borrowing and joint VA loans.
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VA Loan Assumption: Breaking Down How VA Assumptions WorkAssuming another's VA loan is an intriguing benefit with VA loans. Here we take a look at what an assumption is, the process and who can assume a VA loan.
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VA Loans and Investment PropertyUsing your VA home loan benefit for an investment property is an attractive option for many buyers. However, there are a few key considerations to understand at the outset when it comes to multiunit properties.
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VA Rehab and Renovation Loans: Borrowing More than a Home is WorthVA rehab and renovation loans are the VA's answer to an aging housing market in the United States. Here we dive into this unique loan type and the potential downsides accompanying them.
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2023 VA Funding Fee: Complete Explainer with Charts and ExemptionsThe VA funding fee is a governmental fee required for many VA borrowers. However, some Veterans are exempt, and the fee varies by VA loan usage and other factors. Here we explore the ins and outs of the VA funding fee, current charts, who's exempt and a handful of unique scenarios.
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Comparing VA Loans to Conventional Loans
Here we compare the primary differences between VA and conventional loans to show you when each option may be the best.
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How Student Loans Can Affect Your VA Home Loan ChancesStudent loan debt doesn't necessarily make it more difficult to qualify for a VA loan. However, it can impact your VA loan eligibility.
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What Is The VA Seller Concession Rule?Seller concessions with a VA home loan can save veteran home buyers thousands of dollars, but cannot exceed 4 percent of the loan.
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How Job Gaps & Job Changes Can Affect Your VA Loan Eligibility
Verifying your employment is an important step in establishing eligibility for a VA home loan. However, changing jobs, being placed on temporary leave, or switching careers can all impact the timeline of your VA loan.
