Real estate blog entries tagged with va loans by Eleanor Thorne 919-649-5057 Cary Mortgage Loans (First Financial Services, Inc)

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va loans: How Underwriters Currently Treat Income for VA Loans - 10/30/08 07:34 AM

We are fortunate to live near several Military Bases, and we are working with several folks who are using their VA benefits to purchase homes. Mortgage loans backed by the Veterans Administration are 100% loans based on the homes value, and do not generally carry location restrictions like USDA loans do...
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va loans: Veteran's Benefits Changed with New Law October 10, 2008 - 10/28/08 11:15 AM

The VA made a significant change on October 10, 2008 in an effort to help Veteran's who might be caught up in a subprime mortgage. The Veteran's Administration never made any subprime loans, and even the adjustable rate mortgages offered through the VA are considered to be some of the safest, … (3 comments)

va loans: What Costs Do Sellers Pay on VA Loans??? - 10/14/08 08:06 AM

VA mortgage loans are one of the greatest benefit a soldier has. They offer 100% financing, with no mortgage insurance and fairly easy qualifying guidelines. For more information on qualifying for a VA home loan, please click here. Like most everything else the Government does, there are some "quirks" to the … (5 comments)

va loans: VA Guarantee Fees and Co-Signors - 06/17/08 01:51 PM

When you have a state that looks like this - you can be sure we see many Veterans purchasing homes!
The Veteran's Administration does not actually "make" mortgage loans - they guarantee those loans, similar to what FHA does. They charge a Funding … (2 comments)

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