Qualified applicants can now apply for VA home loans with SoFi. Flexible guidelines & more. Get started today.
VA home loans offer qualified borrowers the ability to improve, build or buy a home as well as refinance an existing loan.
VA direct and VA-backed Veterans home loans can help Veterans, service members, and their survivors to buy, build, improve, or refinance a home. You’ll still need to have the required credit and in...
VA mortgage loans offer no down payment, lower credit score requirements and additional benefits. See how to qualify and choose the best VA mortgage lender.
Key takeaways ; VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members and surviving spouses. ; VA loans can be used to purchase or build a primary residence, refinance a current mortgage or cover renovation costs. ; VA loans offer several benefits, including no required down payment, no mortgage insurance and often competitive interest rates.
Editor’s note: This is one in a series of pieces that make up the Military Times 2018 Benefits Guide. Read or download the entire e-book here. Ready to make the leap into home ownership? Here’s some background on the VA loan program, which took shape near the end of World War II and has been used by millions of service members and veterans since then: Nearly 3 million have VA-backed loans at present, and more than 740,000 loans were taken out in fiscal 2017. What it is: The Veterans Affairs Department guarantees a percentage of an eligible ...
An NPR investigation finds that many people with VA loans who got a COVID forbearance are at risk of losing their homes. The VA has a fix, but it could be too late unless it halts foreclosures.
The Department of Veterans Affairs is intervening on behalf of 6,000 homeowners with VA loans who are in the foreclosure process. Many more are delinquent. The move follows an investigation by NPR.
VA require no down payment, but conventional loans are worth considering, especially if you can put 20% down to avoid mortgage insurance.
Fewer than 100 of the 67,000 GI Bill mortgages in New York and northern New Jersey helped support home purchases made by non-whites.9 VA Housing Loans The bill also guaranteed low-interest...