va interest rates: Why a VA Loan?
- 02/05/19 08:43 AM
A VA loan is perhaps the most amazing loan in the housing market today! Minneapolis, MN: Rather than issue loans, the VA instead pledges to repay about a quarter of very loan it guarantees in the unlikely event the borrower defaults. That guarantee gives VA-approved lenders greater protection when lending to military borrowers and often leads to highly competitive rates and terms for qualified active duty personal and veterans. VA Loan Solutions Right For You! Whether you’re buying your first home with a VA loan, or you’re an experienced buyer using your VA benefits again, we have the right VA loan for you!a home … (2 comments)
va interest rates: VA loan myths dispelled
- 07/09/18 02:35 PM
Minneapolis, MN: VA home loans are one of the greatest benefit to our U.S. Military personal that most vets will ever use. Dispelling VA loan myths that prevent them from using their benefits is therefore very important. VA loan Myth 1): All veterans are guaranteed a VA loan.Reality: Veterans are NOT guaranteed a VA loan. All loans, even VA loans have fairly standard underwriting guidelines that all applicants must meet, including debt-to-income ratios, credit scores, The confusion generally starts with that the Veterans Administration does NOT actually do loans. Instead, the VA guaranty is to the lender that actually makes the loan. If the veteran … (2 comments)
va interest rates: VA Streamline Refinance Program in MN, WI, and SD
- 07/18/12 10:58 PM
VA STREAMLINE REFINANCE An "Interest Rate Reduction Refinance Loan" (IRRRL) or VA Streamline Refinance allows Veterans to refinance their current mortgage interest rate to a lower rate than they are currently paying. This program is only available to veterans who are refinancing their original VA mortgage in which they utilized their original eligibility. VA Streamline Loan Guidelines: There is no cash out on an IRRRL loan The VA charges a 1/2 percent funding fee to guarantee the IRRRL Loan The VA loan being refinanced must be current and have a perfect pay history for the last 12 months No assumptions are allows Second mortgages can … (1 comments)
Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use.
Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.
A VA loan is perhaps the most amazing loan in the housing market today!
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