Tag Archive for: veterans loans

VA Loan Limit Is No More!

VA homebuyers no longer must worry about maximum loan limits. The VA loan limit has been eliminated, which gives VA loans much more wiggle room regarding the amount veteran homebuyers can borrow with 0% down. Read More

What Are The Qualifications For A VA Loan?

A VA Loan (Veterans Administration Loan) is a mortgage that the VA guarantees for veterans. Some of the basic qualifications for a VA loan include adequate income, decent credit, and a Certificate of Eligibility. VA loans have flexible underwriting and down payment guidelines for veterans and their spouses only. VA loans also have low-interest rates, no mortgage insurance, and no down payment requirements for most veterans. VA loans are only eligible for property that is used as a personal occupancy. As a general rule, VA loans are not for buying a second property.Read More