Blog entries tagged with "va loan":


va loan: Housing Assistance Available for Armed Forces Members with Service-Connected Disabilities - Fort Bragg and Pope AFB Areas - 07/15/08 05:51 AM
Specially Adapted Housing - Top 10 Questions
How to Get Started in the Fort Bragg and Pope AFB Area
Veterans and servicemembers who have suffered a service-connected disability have access to a government grant to help purchase, retrofit, or build a home that can accomodate their needs. 
The Specially Adapted Housing Grant … (2 comments)

va loan: SHORT THE VA? - 07/14/08 07:08 AM
Hey Everybody in Active Rain Land?
I am trying to help a seller, got a buyer, and trying to make a little money.  The seller has a VA insured loan.  The amonnt owed is around $150,000.  My buyer is approved to $120,000. 
Obviously, I know that banks are not as willing … (5 comments)

va loan: Another new home off the market-- - 06/29/08 03:51 PM
I started this post over on my quilt site but decided it could post on the real estate blog too.
Short story is we closed a VA loan in 21 days!  That should have been the title of the post, but with this buyer and their lender, we might have been … (5 comments)

va loan: FHA Mortgage Insurance - 06/19/08 07:01 PM
FHA Mortgage InsuranceFHA mortgage insurance protects lenders in case of a default by the borrower of the FHA loan. An FHA mortgage helps reduce the cash needed to purchase a home. The FHA is funded solely from the income it creates: from the revenue generated by FHA mortgage insurance. This FHA … (0 comments)

va loan: FREE VA Home Buyer Seminar - 06/19/08 02:01 PM

 
With the government stepping up to the financing crisis, the next step is to get the public educated on what types of loans are available.  Many veterans don't even know that they qualify for VA loans, or that they can qualify for a VA loan when they're purchasing a … (0 comments)

va loan: Veteran and Military Home Buyers Event - Learn What To Ask Your Builder and Lender - 06/14/08 05:34 PM
Thinking of building or buying a new home?  Have you ever served in the United States Armed Forces? 
Come attend the Veteran and Military Home Buyers Event, hosted by Stanton Homes.
A custom home builder and his team and local lenders will be happy to share expert tips for … (6 comments)

va loan: First Time Home Buyers - Using VA Loan - 06/12/08 09:57 PM

Written by:Darleen McCullen, REALTOR®, BrokerKeller Williams RealtyPhone: 919.454.8864Email: darleen@darleenmc.com
 
When I saw that for this week's Makeover2Takeover Challenge Penny Robinson and I would be submitting a First Time Home Buyer's Packet-with a VA Loan twist-my heart literally filled with joy. Really, it did! Here's why...
It seems like yesterday that … (8 comments)

va loan: Buyers are looking for Bargains in the Killeen Fort Hood Real Estate Market - 06/11/08 04:40 PM
With the ongoing real estate news being reported by CNN, MSNBC and FOX NEWS about the state of the real estate market, buyers are arriving at Fort Hood with high expectations of getting a real bargain. 
According to the news outlets, there SHOULD be huge numbers of stressed sellers at Fort Hood … (0 comments)

va loan: VA loans for Veterans for purchases as high as $700K - 06/09/08 11:36 AM
Veterans have a tremendous opportunity to purchase homes with VA loans.  They offer 100% financing, with no PMI required.   Programs are available for purchases as high as $700,000.  A streamline refinance program is available so that if rates lower veterans have the opportunity to refinance with very little documentation required.  If … (1 comments)

va loan: Tax-credit proposal - 06/08/08 12:32 AM
With builder inventories at an all time high, some builders are pushing for a tax credit for home buyers.  Some are proposing that it be as high as $15,000.
Home Builders are really at a point where they can't cut prices much more than they have already.  Right now they are … (1 comments)

va loan: Benefits of getting a Veterans Loan-Part 1 - 05/01/08 10:33 PM
VA Loan InformationThe more you know about our home loan program, the more you will realize how little "red tape" there really is in getting a VA loan. These loans are often made without any downpayment at all, and frequently offer lower interest rates than ordinarily available with other kinds of … (2 comments)

va loan: Did you know banks and mortgage companies are SO busy they can't close loans? - 04/15/08 09:43 PM
Last month, I wrote a post about my deal from somewhere warm and fiery. In a nut shell, I put a property under contract on February 23rd, to close on April 1st. On March 28th I was told the file just went to under writing and it would take NINE BUSINESS … (14 comments)

va loan: Mortgage Tip - 03/31/08 03:38 PM
Most mortgage insurance companies have placed restrictions on the maximum loan-to-value ratio (LTV) for condominiums in declining markets.  At the moment, it is 90%, meaning a buyer needs 10% down if they are purchasing a condo.  However, as long as the property is in an FHA-approved condominium project, 100% financing can still … (2 comments)

va loan: What? How LONG to go through under writing? - 03/28/08 08:29 PM
Back on February 23rd, I put one of my listings under contract, pending loan approval. I was assured by the buyer that he had already talked to his lender and in fact had purchased his last home through this same lender.
The lender is on the East Coast, the property being … (10 comments)

va loan: Let the loan process begin - 03/24/08 09:36 AM
So, you've decided to buy a house. Congratulations on taking this huge step into homeownership. While it is a thrilling idea, it can also be a tedious task. There are so many steps involved. The first step should always be starting the loan process by getting a loan pre approval.
(0 comments)

va loan: Low Refinance Mortgage Loan - Federal Reserve Cut Rates - 03/13/08 03:25 PM
Rate Cut - Is it Time for a Low Refinance Mortgage Loan
  Interest rates are the lowest they have been in 5 years and are expected to drop more over the next couple of weeks.
The Federal Reserve has dropped interest rates again, the fifth straight cut since … (3 comments)

va loan: Oregon Department of Veterans Affairs Loan at 5.125% or 5.25% - 02/21/08 11:05 PM
Well, we didn't quite make it 30 days at the previously set interest rates for the Oregon VA Loans, but it was nice while it lasted.
Effective February 22, 2008. Our new 15-to-30-year fixed-rate/loan fee options will be:
* 5.125% with a 1.5% loan origination fee, or,
* 5.25% with a … (6 comments)

va loan: The Press of Atlantic City: Ask The Experts...VA Loan & Credit Repair - 02/03/08 11:28 PM
"Ask The Experts," appears in
The Press of Atlantic City's
Friday Real Estate section,
Real Estate Connection!
Hello,
I have been interested in buying a home in Galloway Township, my husband and I are first time home buyers.  We have been renting for the past two years and are running out of room.  My husband is a … (0 comments)

va loan: New Listing in Kapolei (Makakilo), Hawaii Priced Extremely Aggressive to SELL - 01/28/08 10:31 AM
By: David Kucic, RA, CRS, GRI, ABR, e-PRO, AHWDFirst Sergeant, USA (Ret)Tropic Lightning Real Estate, Oahu, HawaiiHawaii Military Relocation Expert and VA Specialist
Listing Price: $488,888.   
Are you one of those people that are interested in Hawaii Real Estate and you have been looking for "A GOOD REAL ESTATE DEAL?"  Or maybe you … (8 comments)

va loan: FIRST CALL MORTGAGE HELPING CLIENTS GIVE BACK - 01/22/08 02:20 PM
FOR IMMEDIATE RELEASE                                                                      January 9, 2008
FIRST CALL MORTGAGE HELPING CLIENTS GIVE BACK
Portsmouth - On the news that worthy charities expect donations to slide in the coming year, First Call Mortgage announces a campaign that enables local home owners to help their favorite charity while helping themselves.
First Call is donating $100 to … (0 comments)

va loan: Oregon Vet State Home Loan Program at 5.125% - 01/03/08 06:24 PM
Not only do Oregon Veterans have a wider selection of homes to choose from in today's market, but they have some great program options available to them, too.
The State of Oregon's Department of Veterans' Affairs (ODVA) offers a below market rate program to eligible Veterans. Like the Oregon Bond Loan … (2 comments)

va loan: Mr Williamsburg.com BAH Basic Housing Allowance increases for 2008 - 12/20/07 11:39 AM
 
Basic Allowance for Housing (BAH) paid to service members living off base in stateside areas will climb an average of 7.3 percent next month to keep pace with local rental costs.
The Basic Allowance for Housing (BAH) is based on geographic duty location, pay grade, and dependency status. The intent of BAH … (0 comments)

va loan: How VA Can Help You Sell Your Home - 12/15/07 10:17 AM
Home Sellers - VA can help sell your home.  Here's why:
FACT #1:  There is a huge inventory of homes for sale (How many other sellers are you competing against in your area?)
FACT #2:  Buyers are few and far between (Just look at the drop in 'number of homes sold' and the increase in 'days on … (9 comments)

va loan: Free Homes in Florida Loan Report - 12/05/07 09:14 PM
When you get to 60 days from buying your home, we have a free home loan report that will be very helpful to you.  You get this FREE report for homes in Florida where we monitor over 200 different loan programs and prepare a report that shows you the very best … (0 comments)

va loan: Fort Hood Sees Upswing in Home Sales with Return of First Cavalry Division - 11/29/07 06:09 PM
Wow!  What a day it's been in real estate here at Fort Hood!  I'm taking a little break to give you a quick market report.  
Phones are RINGING, RINGING, RINGING and emails are flying between here and Iraq  as the 1st Cavalry Division rotates back to Fort Hood a plane load … (1 comments)

va loan: Do your homework before you take out a mortgage - 11/15/07 04:09 PM
Do your homework before you take out a mortgageBuying your first home can be very exciting.  Most first time buyers are so keen to buy their home that most of their efforts are concentrated in searching, inspecting and comparing the different homes available on the market.  Very few would do they research … (0 comments)

va loan: VA Loans on Homes for Sale in Florida - Eligibility Requirements - 11/14/07 06:19 PM
When searching for a home for sale in Florida or any other state, consider a VA loan.
Veterans who served on active duty and were discharged under conditions other than dishonorable, during World War II and later periods are eligible for VA loan benefits. World War II (September 16, 1940 to July … (0 comments)

va loan: What you alway wanted to know about Veterans Day and were afraid to ask - 11/11/07 11:21 PM
It's Veterans Day!The banks are closed, schools are open and for the most part nobody thinks of it...it takes a back seat to Memorial Day because most people feel that they honor the same thing when in fact they don't...Before I get into the difference, I would like to explain what … (1 comments)

va loan: Happy Veteran's Day - A Boost to Home Loans for Oregon Vets - 11/09/07 06:16 PM
Many heartfelt thanks to our many Veterans who have made their sacrifices in order to protect us all. Sunday and Monday we will honor you, showing you the appreciation you have earned.
                                                                                                                             
Good News For Oregon Veterans! A bill increasing the funding for a low interest loan program for Oregon Vets (and Vets in Alaska, … (0 comments)

va loan: Do you need you need to use the builders lender? - 11/06/07 02:44 PM
I've been hearing this question a lot lately. 
Homebuyers that we have pre-approved are coming back saying that the builder is requiring them to use the builders lender. 
Well, they legally can't force you to use their lender but they can give incentives to use them. 
This isn't a problem unless … (0 comments)

va loan: Are you afraid of VA Home Loans? - 10/24/07 11:16 PM
Are you afraid of VA loans? Scared that the appraisal may come in low? Frightened that the loan process will be too slow? Worried about an out of state lender?
Since I became a preferred lender for the Military Housing Assistance Fund, I get to deal with selling agents in the many … (9 comments)

va loan: Difficult VA Loan made possible by a GREAT lender! - 09/24/07 03:00 PM
Hello,
My husband and I recently purchased our first home together in Sun Prairie using the VA loan system and it was a nightmare! You would think that after my husband served his country in dessert storm with the Air Force, the least the government could do was make his life in … (2 comments)

va loan: Rates to Worsen, Fed Cut Hurt Us - 09/20/07 11:51 AM
Hello All,
As we were talking yesterday, we found out that all though the Fed Rate Cut did not directly impact rates, the wave caused by this is hurting now. Bonds are currently down 38 basis points and we will more thank likely be seeing another mid day price change for the worst.
I … (3 comments)

va loan: The VA Loan My 1st Loan - 09/18/07 10:34 PM
The old VA loan. It was my very first loan and I thought it was a great loan. No closing costs for me to pay and a good interest rate for the time. Since part way through the recent real estate boom I have not seen a client use a VA … (10 comments)

va loan: Mililani, Oahu Hawaii Real Estate Statistics August 2007 - 08/19/07 03:08 PM
By: David Kucic RA, GRI, ABR, AHWD, e-PROFirst Sergeant, USA (Retired)Tropic Lightning Real Estate, Oahu, Hawaii
Mililani Area and Mililani Mauka have several condominium communites.  Some are located in Launani Valley but are still in the city of Mililani.  The average size of a condominium is similar to many other areas of … (2 comments)

va loan: When The VA Refuses To Help Itself - 08/08/07 02:35 PM
I just fired a listing here in lovely (and HOT) Charlotte NC.
The seller is a veteran.  He purchased this townhome several years ago, his first purchase.  He utilized the VA loan program.  As time went by, he changed jobs and changed areas and this townhome turned into an investment property.
Well, as … (12 comments)

va loan: Two Bedroom Condo for Sale in Mililani, Hawaii Minutes to Schofield Barracks - 08/03/07 03:09 AM
By: David Kucic, First Sergeant, USA (Ret)Hawaii Home Buying and Selling Team
Are you looking for a condo in Mililani within minutes to Schofield Barracks?  This 2 bedroom, 1 bathroom, 2 ASSIGNED, COVERED PARKING STALLS, ground floor condo in Northbrook-Melemanu is a great choice.  Located close to the H-2 Highway and within close … (2 comments)

va loan: Referral for a VA Loan Officer in Bremerton Wash - 08/02/07 05:24 PM
I have a former client of mine who is active duty Navy.  He has been reassigned to Bremerton Navy Ship Yard.  He called me looking for me to do his loan.  I cannot, so I am looking for a good VA lender in Bremerton who will work with this young man.  … (5 comments)

va loan: Mortgage loans - 07/12/07 11:16 AM
Conventional loans - Conventional loans are those that are not guaranteed by the government, as are FHA and VA loans. The primary guidelines for these loans come from Freddie Mac and Fannie Mae, the secondary mortgage market, where most loans are sold. This type of loan usually has the most flexibility … (1 comments)

va loan: The best ZERO or LOW down payment loan - 07/01/07 04:08 PM
I spend a lot of time looking at the latest mortgage products and finding out how to save my clients money.  I think that the VA loan program is one of the best programs in the market and very rarely do we end up using another program when my client qualifies … (0 comments)

va loan: Seller Concessions on a VA Loan Cannot Exceed 4% BUT---- - 06/26/07 07:41 PM
(5 comments)

va loan: VA loan support - 06/21/07 01:25 PM
The VA loan guarantee is absolutely awesome and a huge benefit for those who are eligible. The costs the borrower cannot cover can be paid by seller contribution and/or the mortgage broker (by refelcting them in the rate). Easy. Even the appraisal system is straighforward.
I DON'T BELIEVE IT! Grrrrrrrrr
First off, the VA lenders … (3 comments)

va loan: VA Loans: Should I Use My Eligibility? - 06/04/07 07:32 PM
You are relocating to MacDill Air Force Base in Tampa are are looking at housing.  The biggest mortgage question you may have is:  Should I use my VA eligibility for a new loan?
Here are a couple questions to consider:
1.  Are you looking for a zero down mortgage or are you planning … (26 comments)

va loan: Another Great Thing About VA Loans - 05/31/07 07:10 PM
Though VA works much differently then conventional products, which sometimes causes some hiccups in transactions, it has many unique qualities that conventional products don't have. One great aspect is that the seller's credit can be used to pay off any collection accounts, or any debts that they may need to pay … (2 comments)

va loan: Illinois VA Loan - 03/22/07 12:21 AM
VA loans have not typically been very popular in the State of Illinois.  Some of this is related to the good real estate market we used to have.  Sellers simply would reject offers to buy their home if the buyer intended to get a VA loan. 
Why you ask?  Well the … (0 comments)

va loan: Jump for Joy! News too good not to share with First-Time Buyers and Veterans - 03/21/07 06:53 PM
If you are a regular reader or subscriber to my Active Rain and Localism blogs; you are aware that my goal is to add value for others and I try not to "promote" myself or my services in a way that is commercial. I seek to add value for others and … (0 comments)

va loan: PCS move to Alaska, we aren't in Texas anymore folks! - 02/08/07 05:00 PM
Oh my, you got your oders and you are coming to Alaska.  Could you at least crack a smile?  Yes we have winter for about 6 months straight, it often gets to less than 10 degrees in the middle of winter but when that's all over we have nearly 24 hours … (0 comments)

va loan: Check VA Eligibility and You May Find a Lot of New Buyers - 01/11/07 11:29 AM
by David Kucic, Hawaii Real Estate Agent
Hawaii Real Estate 
The island of Oahu has a large amount of military bases and military facilities.  It is the home to every single branch of the Armed Forces.  Is there another state that can claim that?  California or North Carolina maybe?
As of July 2004, there … (2 comments)

va loan: List of State Benifits for Veterans - 10/21/06 02:33 PM
Many states around our country have programs to help their veterans become home owners or to help them improve thier homes.  I thought it would be a neat idea to collect a list of those so that we can refer back to anytime we have veteran clients from other states or moving to … (3 comments)

va loan: VA Appraisals: "The Luck of the Draw" - 09/15/06 01:56 AM
Here in Kitsap County, Washington, we are fortunate to have a very large military community. With the Puget Sound Naval Shipyard and the Bangor Submarine Base, our area is home to many active-duty families and retired veterans. As a professional realtor, I have had the good fortune and joy of working with … (22 comments)

 
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