If you are planning on using a VA loan to purchase a property, they very first thing you should do before you begin to spend your valuable time driving around town looking for houses is to get fully approved for a VA loan. There are a lot of details involved when you apply VA loan. [...]
December 2009
Starting in late 2007 the mortgage industry as a whole started a general tightening of guidelines that has continued in dramatic fashion over the last 2+ years. Yet through all of this, VA lending has stayed pretty much the same as it was before the all the problems in the mortgage market began. For non-VA [...]
The VA has released the VA loan limits for 2010. These limits are the loan amounts the VA will allow up to 100% financing to. The limits are by county. Below is a list of the counties in California and what their VA loan limits are for 2010. The VA loan limits for the rest [...]
Here are some miscellaneous items that I see often come up as issues when VA borrowers eligible for VA loan benefits apply for a VA Loan: 1. Remember in community property states like California, even if your spouse is not going on the loan with you, their credit report will still need to be submitted. Their debt obligations [...]
