Just a reminder that if you are a VA eligible borrower and you were deployed for 90 days between April 30th 2009 and April 30th 2010 you can still get the $8,000 home buyer tax credit. As a reminder, once you close on a house, you apply for the tax credit and the IRS will send [...]
July 2010
VA loan streamline refinances have a really nice feature if you have moved out of the property you once purchased with a VA loan that is now a rental. Even though the property is now a rental, you can still do a VA loan streamline refinance on it with the same VA loan interest rates [...]
Each county in California has a VA loan limit for the maximum dollar amount you can get 100% financing on a VA loan. Below are some examples of the maximum VA loan for 100% financing in the more populated counties in California: Alameda County $962,500 Contra Costa County $962,500 Los Angeles County $593,750 Orange County [...]
VA allow VA eligible borrowers to get a second VA loan, and third, fourth and so on. However there are some rules around the re-use of your VA loan eligibility that you should be aware of: You are only allowed to have one VA loan at a time. So let’s say you got a VA [...]
Something to keep in mind if you get a VA loan in California to purchase a property and the property has other structures on it in additional to the main house, is you may need a termite clearance on ALL the structures. It is fairly well know that it is standard when you get a VA [...]
It is an understatement to say the bottom has fallen out of VA loan interest rates! 30 year fixed VA loan interest rates are at record lows, beyond imagination. And the great thing about having a VA loan in place, is VA has a great program called a VA loan streamline refinance that allows you [...]
