General VA

Christmas Cheer from HMS Ocean

by admin on December 20, 2011

I highly suggest you read the post to see how Admiral Nimitz saw the silver lining in one of America’s darkest hours. Sunday, December 7th, 1941–Admiral Chester Nimitz was attending a concert in Washington D.C. He was paged and told there was a phone call for him. When he answered the phone, it was President Franklin Delano [...]

VA is the only loan type that allows a cash out loan refinance to 100% of the properties current value.  A VA cash out refinance is very different from a VA loan streamline refinance.  A VA loan streamline refinance is for borrowers that already have a VA loan and just want to lower their VA [...]

VA Loan Limits In California

by rob on September 2, 2011 · 2 comments

One of the really nice things about VA lending is that VA has very high loan limits throughout the state of California for zero down VA loans.  In many cases a VA borrower can get 100% financing on a VA loan to a much higher loan amount than conventional or FHA loans with a down [...]

Many VA borrowers across the state of California may owe some excess state or federal taxes from previous years that show up on their VA credit report as an existing tax lien.  The good news is VA home loan requirements allow borrowers to be approved for a VA loan even if they have an existing tax [...]

    For many years in the state of California it did not make sense for many veterans and active military to buy with VA financing vs. rent.  The prices from 2002-2008 were often so high in the state of California that it favored renting.  But since 2008 when prices and VA interest rates fell [...]

VA home loan requirements require that condos and townhomes have to be on the VA approved condo list before VA will provide financing for active military and veterans to purchase condos and townhomes using VA financing.  There are many requirements a condo/townhome project have to pass before VA will add that condo/townhome complex to the VA [...]