Borrowers

VA home loan rates have once again fallen though the floor where they are breaking record loans again.   So if you haven’t yet it could be a great chance to take a look a VA loan refinance to lower your payment and dramatically lower the amount of interest you pay on your mortgage per year.  [...]

VA Funding Fee is Lowered in California

by rob on October 20, 2011

The VA has gone back and forth on this a few times, but as of now VA home loan lenders have lowered the VA funding fee for VA borrowers in California.  This is really terrific news because VA home loans already do not require  monthly mortgage insurance, and now even the up front funding fee [...]

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 [...]

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 [...]

When you get a VA loan it is required that you have a termite inspection done and you get all section 1 and section 2 items on the termite report fixed and then get a termite clearance report from the termite inspection company before the lender will fund your VA loan.  Additionally, when you buy [...]

VA lending to active military and veterans remains the incredibly flexible, 100% zero down home loan it always has been as other types of home loans continue to significantly tighten their lending guidelines.  Here are some examples: VA loan credit score: You can still get a 100% zero down VA loan with a 600 credit [...]

Remember if you go into contract by April 31st 2010 you get a $8,000 tax credit from the IRS.  This is really an amazing once in a lifetime type of deal.  You literally get a $8,000 check from the IRS.  And if you are VA eligible you can get a VA loan with 100% financing. [...]