Can I Qualify for VA Loan with High DTI in 2024? Are you a military member interested in finding out if you are still eligible for a VA loan even if you have a high debt-to-income ratio (DTI)? You’re not alone—this is one of the most frequently asked questions we get from veteran borrowers. The…
How Can Secured Credit Cards Help You Rebuild Credit and Qualify for a Mortgage in 2024? If you dream of buying a home, you might wonder how to boost your credit to qualify for a mortgage. Good news—rebuilding credit isn’t as hard as you think, and secured credit cards are a powerful tool to get…
VA Cash-Out Eligibility Guidelines: Your Complete Guide for 2024 When it comes to refinancing your home, the VA cash-out refinance is one of the best options out there for veterans and active-duty service members. The VA cash-out refinance program in 2024 enables homeowners to access their home equity through a 100% cash-out refinance, offering competitive…
This Article Is About VA Guidelines Under 580 Credit Scores On VA Loans: VA loans do not have minimum credit score requirements. Mortgage companies need to follow the minimum VA agency mortgage guidelines. However, individual mortgage companies can have higher lending requirements higher than the minimum VA agency mortgage guidelines. The higher lender requirements imposed…
This guide covers facts about VA home loans Veterans do not know. VA loans are the most popular loan program in the United States. However, not all home buyers or veterans can qualify. Home Buyers need to be veterans in one of the branches of the United States Military with a Certificate of Eligibility (COE)….
This article will cover the mortgage agency guidelines on VA loans after mortgage charge-off. There are mandatory waiting periods after bankruptcy, foreclosure, deed-in-lieu of foreclosure, and short sale to qualify for government and conventional loans. VA loans are the best mortgage loan program in the United States. However, only veterans with a certification of eligibility…
In this blog, we will cover and explain VA overlays imposed by mortgage lenders on VA home loans. VA loans are the best mortgage loan program in the United States. No other owner-occupant primary home loans come close to the benefits of VA loans. Private lenders offer VA loans at 100% financing where no down…
This Article Is About Government-Backed Loans for first-time homebuyers. Most people do not want too much government. However, when it comes to government-backed loans, everyone is all for it. Government-backed loans are ideal for first-time homebuyers because it requires little to no down payment plus has lenient mortgage guidelines. In the following paragraphs, we will…
In this blog, we will be covering the VA refinancing guidelines and requirements for VA loans. VA loans are limited to only Veterans who have gotten an honorable discharge from a branch of the United States Armed Services and have a valid VA Certificate Of Eligibility. VA loans offer 100% financing. A veteran with a…
In this article, we will cover and discuss qualifying for VA loans with 580 credit scores. Active duty and retired eligible veterans with a VA certificate of eligibility do not realize that they can get qualified for VA loans with 580 credit scores. Actually, the U.S. Department of Veteran Affairs has no minimum credit score…
In this article, we will cover and discuss the VA minimum credit score requirements to qualify for VA loans. The United States Department of Veterans Affairs (Referred to as The VA), has created and launched the VA Home Loan Program for our men and women of the United States Armed Services. Veterans of the United…