Divorce is never easy, and when a VA loan is involved, things can become even more complicated. Veterans and their spouses must navigate specific rules regarding loan entitlement, occupancy requirements, and mortgage assumption. The decisions you make during the...
For veterans and active-duty service members, the VA loan program offers significant benefits, including the ability to purchase homes with no down payment and favorable terms. While most people associate VA loans with single-family homes, VA loans can also be used to...
Property tax exemptions for disabled veterans can significantly reduce the cost of owning a home. These exemptions vary by state and are generally based on the veteran’s disability rating, which is determined by the Department of Veterans Affairs (VA)....
The VA home loan program, offered through the U.S. Department of Veterans Affairs (VA), provides eligible veterans, active-duty service members, and their families with significant benefits to help them achieve homeownership. However, when it comes to including a...
Residual income is a critical component of the VA loan approval process, but it’s often misunderstood. Unlike traditional income requirements, residual income takes a more holistic view of a borrower’s financial situation, ensuring that veterans and their...