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. [...]
Mortgage Insurance
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 [...]
Short sales have been very common throughout the state of California the last four years. Many borrowers have found themselves upside down on their properties after the decline in house prices mostly in 2008 and 2009. The good news is that you can get a VA loan only two years after a short sale. This means many [...]
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 [...]
If you have had a previous short sale, foreclosure, deed in lieu, or non re-payment of a VA loan in the past you still may have eligibility for a 100% financing VA loan. What happens when VA does not get repaid in full for a VA loan that a borrower had in the past, [...]
