How Does VA Mortgage Entitlement Work?
By Leesa Sandoval
One of the main questions we receive in regards to VA loans is, “What is a VA mortgage loan entitlement?”
Read MoreThe VA Loan Appraisal Process
By Leesa Sandoval
Before your home can be qualified for a VA loan, the VA requires an appraisal of the property. A VA appraisal involves a thorough analysis of the home and property to determine what the current market of the home and property is.
Read MoreAm I Allowed to Have More Than One VA Loan?
By Leesa Sandoval
The short answer to the question “How many VA loans can I have?” is that there isn’t a limit on the amount of times eligible veterans are allowed to utilize the VA loan program.
Read MoreI Currently Have A Conventional Loan. Can I Qualify for A VA Loan?
By Leesa Sandoval
If you currently have a conventional loan, you are allowed to refinance with a VA loan if you are an eligible veteran. Better yet, the odds are favorable that you will be able to save a great deal of money by refinancing with a VA loan!
Read MoreVA Home Loan Approval – How Long Does It Take?
By Leesa Sandoval
The amount of time it takes for a VA mortgage approval varies depending on the amount of volume the lender has at that moment.
Read MoreThe VA Loan Guarantee Process
By Leesa Sandoval
When an eligible current or ex-servicemember needs to purchase a home for their own personal use, they can obtain a VA Guaranteed loan from a bank, mortgage lender, or savings & loan company, depending on the circumstances.
Read MoreThe VA Funding Fee and What It Means to You
By Leesa Sandoval
Any eligible applicant of a VA mortgage loan is required to pay a VA Funding Fee unless of course they are exempt. This fee is passed directly from the lender to VA and deposited into a pool. The funds collectively make up the insurance or guarantee pool.
Read MoreI’m Upside Down On My Mortgage. What Can I Do?
By Leesa Sandoval
A very common question related to VA refinancing is whether or not you can get a refinance on a VA loan if you are currently upside down on your mortgage. The answer is that you can!
Read MoreVA Loans and Certificate Of Eligibility Requirements
By Leesa Sandoval
In order to apply for a VA loan you will need a Certificate of Eligibility, or COE for short. There are different steps required to receive a Certificate of Eligibility depending on your personal situation and branch of the military.
Read MoreDoes A Bankruptcy Mean I Can’t Get A VA Loan?
By Leesa Sandoval
If you’re wondering whether or not you can get a VA loan after a recent bankruptcy, you’re not alone. With the recent economic recession just barely behind us, many veterans and military personnel are now in the position of looking for a new mortgage after having gone through a bankruptcy.
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