Q: I’m a retired veteran looking to purchase my first home. A friend of mine recommended a VA loan, but I’m not sure if it’s right for me. What are some VA loan pros and cons I need to consider? A: ...
VA disability compensation is completely tax-free at both federal and state levels. You don't report it on your tax return.
A VA construction loan could be a viable option if you’re an active-duty service member or veteran looking to build a single-family home. VA construction loans generally don’t require a down payment ...
When it comes to mortgages, having multiple options can put you in a better borrowing position. If you can qualify for both a VA and conventional loan, you may not know which mortgage provides the ...
Money’s Main Takeaways VA loans are one of the main benefits the federal government offers to retired and active-duty members of the military Borrowers can qualify for a VA-guaranteed loan with a ...
It’s no secret that desirable for-sale homes have been in short supply, and it’s become more popular to buy —- or stay put in — properties that require work to make the grade. Fortunately, if you’re ...
VA loans offer many benefits such as no down payment or mortgage insurance, easier qualifications and lower interest rates. However, they also have drawbacks such as a required funding fee, property ...
Have you ever wondered if you could transfer a mortgage to another person, provided both parties agree to all the loan terms and conditions? It sounds simple, and surprisingly, it could be a ...
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 ...