VA loan expert Chris Birk brings you the latest news and tips about your VA loan benefit
A VA Loan is a mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs. Here we look at how VA loans work and what most borrowers don’t know about the program.
Compared to even just a few years ago, mortgage rates remain at or near modern lows.
There are a number of reasons homeowners seek to liquidate some of their home's equity, from bankrolling home improvement projects to paying off higher-interest debt or even funding college tuition.
Despite rising rates, surging home prices and lingering COVID-19 concerns, Veterans are hot on homebuying in 2021 and beyond.
Deciding whether to refinance isn’t quite the emotional decision that purchasing a home can be. This is much more about whether the numbers make good financial sense.
Your VA loan is a lifetime benefit. It’s something you’ve earned that you can use over and over again, whether it’s to refinance your existing mortgage or to buy a new home.
New Veteran homeowners often get flooded with refinance offers, even during the first year of their loan.
VA loan assumption is a powerful benefit for buyers and sellers that you won't find with other mortgage options.
Millennial and Generation Z Veterans helped drive the VA loan program to a record year. See which cities led the way in Veteran homebuying and experienced the biggest year-over-year gains.
The historic VA loan program backed an all-time record 1.2 million loans in Fiscal Year 2020. See which cities led the way in VA loan usage and growth year-over-year.
Like the other government-backed home loans, VA loans are focused on helping borrowers purchase primary residences. The VA loan program isn’t intended to help people build an empire of rental properties or vacation homes.
Going through a foreclosure can devastate your credit score, but it doesn't mean you have to wait years and years, let alone a decade, to buy another home after experiencing a foreclosure.
Getting a home loan from a mortgage lender means you’re interacting in what’s known as the primary mortgage market. Many lenders turn around and sell some or all of their loans and the right to service them to investors in what’s known as the secondary mortgage market.