VA Loan Eligibility
Article Archives - VA Loans Insider
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How Student Loans Can Affect Your VA Home Loan ChancesStudent loans can play a key role in your ability to qualify for a VA home loan. Learn more about how deferments and forbearance can affect your chances. -
How Compensating Factors Can Boost Your Chances of Securing a VA Home LoanCompensating factors such as a great credit history, minimal debt or solid cash reserves can bolster a VA loan application that's otherwise a little spotty. -
VA Loan Co-borrowing Scenarios for Spouses and Unmarried CouplesSome lenders will finance a Joint VA Loan on which you can have a non-veteran or non-spouse co-borrower. Borrowing or refinancing with a civilian, partner or friend affects your down payment, entitlement and more. We’ll take you through VA loan co-borrowing scenarios to give you a better grasp of the pros and cons.
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VA Loan Entitlement Options for Military CouplesMarried military couples can use all of one spouse's entitlement, split the responsibility evenly or combine loans. Learn more about options for married couples eligible for VA home loans. -
VA Loan Basics: Eligibility RequirementsBeing eligible for a VA loan doesn’t guarantee you’ll secure financing. See this post for VA Home Loan eligibility basics. -
VA Loan Eligibility for National Guard and ReserveSince 1992, VA loan benefits have been extended to National Guard and Reserve members. Let's take a closer look at how guard and reserve members can utilize their benefits.
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Can You Get a VA Loan With Less Than Two Years of Steady Employment?Stable, reliable income is a requirement for a VA loan, but that doesn’t always translate into two-years of steady employment – especially when transitioning from service.
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Explaining VA Entitlement: What You've Earned and Why It's Important
VA loan entitlement can be a confusing subject. Here we break down the entitlement types and how that affects your maximum loan amount.
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Restoration of Entitlement: How to Reuse Your VA Loan Benefit in FullVeterans may need to seek restoration of entitlement to utilize their full VA home loan benefits. Learn about VA restoration of entitlement in this post.
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Explaining VA Loan Residual Income GuidelinesVA residual income is how much income remains after debts and obligations. VA residual income and dti ratios help determine your VA home loan eligibility. Check out these VA residual income tables. -
VA Termite Inspections By StateA termite inspection is required for almost every VA loan, but the VA does not allow Veterans to pay for them in most states. Look to see if your state requires a termite inspection.
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Short Sales and Seasoning Periods for VA Home LoansMany lenders treat short sales like foreclosures and require a two-year wait before you can get a VA loan. Veterans United has no wait in most cases.
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Getting a Second VA Loan: a Closer Look at Second-Tier EntitlementSecond-tier entitlement allows qualified VA borrowers to purchase again despite default or foreclosure. It even lets veteran homeowners have two VA loans at the same time. First, VA lenders have to determine how much entitlement you have left. Find out more about entitlement and your VA loan eligibility.
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See What You Qualify For
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