VA loans allow Veterans to have a co-borrower on the loan. Here we break down co-borrower requirements and provide common scenarios around co-borrowing and joint VA loans.
The VA provides guidelines for residual income to ensure Veterans can afford daily living expenses. We take a deep dive here into residual income requirements and what to expect in this part of the loan process.
Military spouses often play key roles in the homebuying process. Here we take a deep dive into what spouses can expect and how to be better prepared for your homebuying journey.
Surviving spouses of Veterans and service members can be eligible for a VA loan of their own. Here, we dive into the process and requirements for surviving spouses to obtain a VA loan. We’ll take a closer look at eligibility for surviving spouses, what it takes to get a Certificate of Eligibility, closing cost benefits and more.
Some Veterans are turning to cash offer services like Ribbon and Homeward in the face of rising home prices. But these companies can charge fees that VA homebuyers cannot pay. Here's a look at how to make these deals work.
VA loan entitlement can be a tricky subject. Here we breakdown second-tier entitlement and what to expect when reusing your VA loan benefits.
VA loan entitlement can be a confusing subject. Here we break down VA loan entitlement, the different types and how that affects your maximum loan amount.
Restoration of entitlement is not an automatic process, but requires some work from the borrower. Learn about the requirements for restoring entitlement and how you can reuse your VA loan benefits.
The VA requires a wood-destroying pest inspection for much of the U.S. Learn which states require a termite inspection and who pays.
National Guard members and Reservists can tap into the same VA loan benefit that's helped generations of Veterans and active duty service members achieve the dream of homeownership.
Verification of Employment (VOE) is essential for VA lenders to see that you have a reliable source of income and can make your mortgage payments. Guidelines will vary by lender and borrowers should be aware that some employment scenarios can disrupt the VA loan process.
Student loan debt doesn't necessarily make it more difficult to qualify for a VA loan. However, it can impact your VA loan eligibility.