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VA Home Loans

Benefiting Veterans: How are VA Loans Better?

Benefiting Veterans: How are VA Loans Better?

Almost 750,000 VA loans were used last year, adding up to over $250 billion. VA loans are a top choice for many Veterans and their families. They provide big financial help, which makes it easier and cheaper to own a home. So, what makes VA loans stand out from...

Pros and Cons of Using a VA Loan Unveiled

Pros and Cons of Using a VA Loan Unveiled

Did you know a VA loan gives 100% financing to qualifying veterans and service members? Yes, a home can be yours without a down payment with a VA loan. This benefit opens up the possibility of owning a home to those without a traditional down payment.However, using a...

Understanding VA Loan to Income Ratio Limits

Understanding VA Loan to Income Ratio Limits

For a VA loan, borrowers need a DTI ratio of at least 41%. This means only 41% of their monthly income can pay debts.The VA loan program started in 1944. It helps Veterans buy homes. Veterans need a certain length of service to be eligible, among other...

Understanding VA Loans: Why Agents Hesitate

Understanding VA Loans: Why Agents Hesitate

Real estate agents can sometimes hesitate to work with VA loans, despite their benefits for veterans and active-duty service members. In this article, we'll dive into the reasons for this. We'll also tackle the concerns agents have regarding VA loans.If you're a...

VA Loans: A Downside for Home Sellers?

VA Loans: A Downside for Home Sellers?

Did you know that in 2020, over 8% of home purchase loans in the U.S. were VA loans? This is a big chunk when you consider all the other loan types buyers can use. So, what does this mean for people selling their homes? Are VA loans a problem for sellers?Contrary to...

Top Reasons a VA Loan Could Fall Through

Top Reasons a VA Loan Could Fall Through

Did you know certain factors can cause a VA loan to be denied? These reasons are crucial to know for a smooth loan process. Knowing them ups your chance of a successful loan closing.VA loans are a benefit for many, but meeting all requirements isn't a guaranteed...