VA Loans

Va Loans

By Brent Ross 10 Oct, 2018
You have two options for refinancing a VA loan: reduce the interest rate or extract equity with a cash-out refi. The benefits of a mortgage that’s backed by the Department of Veterans Affairs continue beyond the day your loan closes. You can lower your rate, tap into your home’s equity or even bring your conventional loan into the VA program by refinancing.
By Brent Ross 17 Jul, 2018
Deciding between a VA loan or a conventional loan may seem easy. No money down, no mortgage insurance, a better interest rate — a VA mortgage wins hands down, right? But when you consider things like the VA funding fee and perhaps putting enough money down on a conventional mortgage to forgo mortgage insurance, the choice may be more complex. And, some of the VA loan benefits, such as no minimum credit score and no maximum debt-to-income ratio, are often overstated.  Here are the factors to consider when deciding between a Department of Veterans Affairs mortgage and a conventional loan.
By Brent Ross 29 Jun, 2018
For service members, veterans and their families, it’s hard to beat VA mortgage rates. VA loans are insured by the U.S. Department of Veterans Affairs and available to most vets, active-duty military, reservists, members of the National Guard and surviving spouses of deceased veterans. Rates on VA loans are usually lower than conventional loan rates, but they can still vary by lender and your financial situation.  Follow these five tips to set yourself up for a great VA mortgage rate.
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