by rob on December 12, 2011
New 2012 VA loan limits for California in have just been published and there have been some substantial changes. VA loan limits in the state of California range from $417,000 to $625,500 depending on the median home price for each county in California. These VA loan limits are for 100% financing. So a VA borrower can [...]
by rob on November 16, 2011
This post outlines some of the best highlights of VA home loans in California: VA home loans are 100% financing zero down payment VA home loan requirements allow for a very high debt-to-income ratio, even higher than FHA and conventional loans VA loan limits go up to $1 million with zero down in San Francisco, [...]
by rob on October 11, 2011
VA home loan requirements only require a two year wait after a chapter 7 bankruptcy for active military and veterans to qualify for a VA home loan in California. The wait after a chapter 13 bankruptcy is only 1 year. Many times borrowers VA loan credit score had rebounded to over a 640 score in [...]
by rob on September 23, 2011
This post is a list of items you will need to get started in getting approved for a VA loan in California per VA home loan requirements. Call a VA loan officer to go though VA loan application and credit check Last 30 days paystubs (or LES if active duty) Last 2 years W-2′s Last [...]
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 [...]
The good news is it only takes a two year wait after having a foreclosure to get a VA home loan in California. In this economy many veterans across the state of California have lost their home to foreclosure in the past few years, but many of those veterans are already eligible to use [...]
It is very common the last few years that many sellers of properties had to complete a “short sale” to sell their home because the sales price was lower than mortgage loan balance they had on the property. This is called a “short sale”. The good news is that you can apply for a VA [...]
