form: Can I have 2 VA loans? You sure can, find out how. - 10/04/11 05:43 AM
If you are a veteran you can actually have 2 VA loans.  You may want two VA loans if you are moving and not selling your current home.  Or possibly would like to buy a new home without selling their current home.  The calculation to find out if you can have two VA loans can be a little confusing.  So, Here are the steps to follow when figuring out if you can have 2 VA loans:
1.      Order your Certificate of Eligibility- Your Mortgage Lender can do this for you.  It requires you to provide your DD-214 form.  If you do not … (10 comments)

form: Know your Appraisal options. Appraisal Form 1004, 2055, 2075 - 10/28/10 07:43 AM
When doing a mortgage you need to pay for an appraisal.  This is part of the mortgage process.  But, there are times where you can choose to use different appraisal forms.  These different forms offer different information that the lender requires and there are different costs for these different appraisals.  Here is an explanation of the major appraisal forms and their benefits:
1004- this is the complete full appraisal.  It uses comparable sales to decide a value.  It will include the appraiser coming out to your home and doing interior and exterior photos.   The majority of mortgages require this appraisal. 2055- … (1 comments)

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