Veteran affairs mortgages also known as VA loans are becoming increasingly popular as the conditions for obtaining conventional bank loans from banks are becoming stricter and stricter. This immense popularity of VA loans is due to numerous factors. Most of all, the no-down-payment character of these loans makes the loans more affordable than … [Read more...]
How to Find VA Approved Lenders
Veterans who have served at least 90 days in active duty in a war zone or the minimum of 181 days outside war zones, in times of peace, qualify for mortgage loans with special conditions. These loans available for purchasing a house or a condo and offered for veterans are called VA loans, the abbreviation standing for Veteran Affairs. In order to … [Read more...]
Top 5 VA Loan Myths
There are numerous, very common and widespread myths when it comes to VA loans. Many of those who would qualify for a VA mortgage are put back by all the rumors that tell them these mortgages are very hard to obtain and even harder to pay back ,refrain from getting such a mortgage. However, you must be aware that VA loans are actually among the … [Read more...]
