The Veterans Administration guarantees loans issued to eligible borrowers who purchase a home. VA loans have many advantages. They don’t require a down payment or mortgage insurance – and they usually ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Before you can buy a ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You’ll need a home ...
Another segment of government-backed home loans could soon become available without needing an in-person property appraisal. A bill passed by the House this week directs the Department of Veterans ...
How do you determine if a VA home loan is the best option for you? Here are three questions to consider when weighing your loan options. Veterans purchasing with a VA home loan don’t need a down ...
New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest ...
Buying a home is one of the biggest financial decisions most people will ever make, but choosing the right type of mortgage is just as important as choosing the home itself. For eligible service ...
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VA loan benefits and disadvantages
VA loans offer many benefits such as no down payment or mortgage insurance, easier qualifications and lower interest rates. However, they also have drawbacks such as a required funding fee, property ...
When you secure a home loan through the U.S. Department of Veterans Affairs, you'll encounter closing costs and fees, as you would with a conventional mortgage. These expenses are typically 2% to 5% ...
Q: I’m a retired veteran looking to purchase my first home. A friend of mine recommended a VA loan, but I’m not sure if it’s right for me. What are some VA loan pros and cons I need to consider? A: ...
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