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 Loans
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, [...]
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 state of California has extended and improved the $10,000 tax credit for home buyers in California. The old tax credit used to only be for brand new built homes, now the tax credit includes ALL first time home buyers buying ANY type of primary residence, brand new or resale. This is wonderful news those who first time home buyers [...]
VA loans are currently the most liberal loans out there in terms of providing borrowers cash-out on refinances all the way up to 100% of the property’s value. Also remember, if you are eligible for a VA loans, you can refinance your conventional loan into a VA loan. Perhaps you have an adjustable rate loan [...]
