Jennifer Barnhill is a columnist for Military.com writing about military families. The VA loan is designed to help and protect service members as they buy a home. Don't have enough for a 20% down ...
Because they're guaranteed by the U.S. Department of Veterans Affairs, VA loans come with lower rates, flexible credit score requirements and no down payments or private mortgage insurance ...
FHA loans are available to any borrower who meets the eligibility criteria, while VA loans are available only to active-duty ...
WASHINGTON - President Donald Trump on Wednesday signed a measure into law that could prevent tens of thousands of veterans from defaulting on their VA homes and losing the roofs over their heads to ...
Mortgages backed by the VA come with money-saving benefits for qualified military families, from competitive interest rates to 0% down payments. And in some cases, beneficiaries stand to save even ...
I bought my first house in 2006, using a VA loan, and then eventually refinanced. I'm lucky to be a homeowner, especially with a 2.6% interest rate. I also feel guilty that none of my siblings can ...
Following about 20 minutes of debate on the floor of the House of Representatives on Monday, H.R. 1815 — known as the V.A. Home Loan Program Reform Act — was passed by voice vote and will now be given ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...
A new Veterans United Home Loans analysis found that more than 58,000 VA loans went unused in 2024 — representing nearly $28 billion in potential mortgage volume. Despite the VA loan’s benefits, usage ...
Overall, VA purchase loans rose 8.5% year over year, to 323,835 from 298,327. This marks a strong turnaround from Fiscal 2024, when purchase volume fell more than 5% from Fiscal 2023.
Getting approved for a VA loan as a spouse of an active service member or veteran comes with specific requirements, and understanding the eligibility criteria is crucial to securing housing benefits.
Veterans are taking advantage of the U.S. housing market tilting in buyers’ favor, new data from Redfin shows, with lower borrowing costs and more for-sale inventory leading to greater numbers ...