An appraiser flagged peeling paint and a $10,500 value gap on Elena Reyes’s 1968 ranch. Two VA-specific tools, used in the right order, closed both before closing day.
A veteran who still owes money on his first VA loan learns his second home purchase needs a down payment after all, because partial entitlement never got the 2020 loan-limit exemption full entitlement did.
A signed Certificate of Eligibility gets a veteran to the closing table, but VA loan rules still require someone to move in. Here is who qualifies for the deployment, spouse, and construction exceptions.
A veteran who lost a home to foreclosure or came out of bankruptcy often assumes the VA home loan benefit is gone. It isn’t automatically gone, but a waiting period and a reduced entitlement balance usually apply first.
Converting a conventional mortgage into a VA loan only happens one way, a cash-out refinance, and the funding fee on that path costs far more than a rate-and-term IRRRL.
A federally recognized tribe, a Certificate of Eligibility, and land on the trust rolls are the three things that decide whether the VA Native American Direct Loan is even on the table.
A veteran selling his home found out his 5.25% VA loan rate was worth more to the buyer than a new mortgage. Assumption let the buyer keep it.
A veteran with six years of on-time VA loan payments can often refinance to a lower rate through an Interest Rate Reduction Refinance Loan, with a smaller funding fee and far less paperwork than a new purchase.
A veteran with PCS orders and a VA loan still on the books doesn’t have to sell first. Second-tier entitlement, tied to the new county’s loan limit, can still get a second VA loan approved with zero down.
A VA loan lender will not quote a rate without a Certificate of Eligibility, and the service minimum behind it changes depending on exactly when you served.