Posts Tagged ‘VA Loan Requirements’
Attention active duty service members
Attention active-duty service members Attention active-duty service members, a veteran receives a monthly basic housing allowance also known as “BAH”. Service members are able to purchase a home with $0 down (in most cases) and cover their monthly mortgage payments with only their BAH or just a little more than their “BAH”. Oh, and…
Read MoreVA Streamline Refinance
VA streamline refinance A VA streamline refinance (also known as an IRRRL) is a refinance which allows Veterans access to lower interest rates (whenever the market permits), without a ton of paperwork needed. These refinances are meant to help reduce the veterans mortgage payment as a streamlined process. Below are a few of the…
Read MoreWhats the max cash out with VA loans
What’s the max cash out with VA loans VA loans allow up to 100% cash out as long as the Veteran credit qualifies by providing their income, assets, meets the credit score requirement, and has a stable work history. An appraisal report completed by a VA appraiser and a clear termite report are required.…
Read More
