VA Loan Blog

Nearly 60,000 service members and veterans who have refinanced their VA mortgage loans through Wells Fargo, Wachovia and SouthTrust will receive refunds as the result of a $10 million settlement in a class-action lawsuit, a Wells Fargo official said.

There are plenty of ways to end up with a bad mortgage. The risks of these five should make every homebuyer think twice before signing.

If you’re a veteran who served overseas in the past two years, you’re likely eligible for a $8,000 tax credit when purchasing a home.

According to recent studies, it has been seen that several veterans are struggling with financial obligations in the US. Over 40% of the veterans are facing dire financial circumstances while paying off their debts, whether unsecured or secured. It is good news for the veterans that one can use the proceeds of a VA loan and utilize them in being a debt free Christian. If you have incurred an overwhelmingly large amount of unsecured debts, you can certainly take out a VA loan with low interest rate and save money with every repayment. This money could be utilized in paying off unsecured debts through a Christian debt consolidation program.

The VA (Veteran Affair) loan was made to provide housing assistance to millions of veterans and their families. With the inception of VA loans, the dreams of such families became a reality and they could take one step

With mortgage rates at historic lows, veterans and military personnel continue to use the Department of Veterans Affairs (VA) home loan program in record numbers to purchase a home or refinance their existing loans.

A Veteran Administration or VA loan is mainly for those people who have been in military service for a minimum of 181 days or 3 months during the war and had also got the discharge from the service with an “honor” status. Other than the people who have directly served in the military, the people who spent at least 6 years with National Guard or Reserves and also the spouses of the military personnel who have got killed during their service may also be able to get the advantage of these loans. VA loans even help you in paying off your debts through Christian debt consolidation loans.

Requirements for getting a VA loan

The VA loans are insured by the federal government and are available at low interest rates with no down payment requirement option. These loans also provide you with 100% financing. The interest rate on VA loans is based

If Americans weren’t buying homes when rates were at 4.25%, what happens now that rates have popped back to 5%? Will the Real Estate market come to another halt?

Whether you are buying a home, or refinancing your current property with one of the low-interest rate loans so widely advertised, the economic landscape has changed in the last few years, and that is no more evident than in the world of real estate mortgage finance.

If you think it is more difficult to obtain a mortgage loan today you are wrong — and you are right.

Who owns my mortgage? With the financial crisis there was lot of talk about lenders taking losses and borrowers asking lenders to prove that they in fact owned the mortgage. Doesn’t the company that i make my payments to own my mortgage? Probably Not!! Find out who owns your mortgage.

Terry Savage: Here’s a Veterans Day update on a program I’ve written about before. If you’re an honorably discharged veteran looking for a new mortgage or a refinancing, be sure to check with the VA for their special deals for vets. You can use VA mortgage programs more than once in your lifetime.