VA Loan Eligibility - Page 2
Page 2 of 4 - VA Loan Eligibility Article Archives - VA Loans Insider
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Grossing Up Non-Taxable Income for VA LoansLenders consider your gross monthly income when evaluating what kind of mortgage you can afford. In other words, they’re looking at your major monthly debts in relation to your pre-tax income.
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VA Loan Eligibility for Public Health Service & NOAA OfficersJust like veterans and military members families are eligible for a VA home loan, the U.S. Public Health Service and the National Oceanic and Atmospheric Administration are also qualified, meaning they can secure $0 down payment mortgage.
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A Military Spouse's Guide to VA LoansMilitary 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.
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How to Get a VA Energy Efficient Mortgage (EEM)Wondering whether an Energy Efficient Mortgage is right for you? There are a lot of options when it comes to the VA loan, and an EEM is just one of the many ways to maximize your hard-earned benefit.
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Getting a VA Loan After BankruptcyQualifying for a VA loan after bankruptcy is certainly possible, often in a shorter period than you would with a conventional loan.
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Counting Income and Allowances for Active Military, Guard & ReserveEach year, most VA loans are made to veterans. However, active duty service members and those still serving in the National Guard and Reserves can absolutely look to use their VA home loan benefits.
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Understanding the VA’s Minimum Property RequirementsThe VA does have a form of home requirements, known as the Minimum Property Requirements, to ensure the property is a safe and sound investment for the homebuyer.
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Short Sales and Seasoning Periods for VA Home Loans
Short sales often get lumped together with foreclosure and its offshoot, the deed-in-lieu of foreclosure. But these aren't the same thing, and that can make a huge difference for homebuyers.
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VA Loan Employment Requirements for Workers On the Job Less Than 2 YearsIt’s absolutely possible for applicants to earn VA loan approval if they have been employed at their current job for less than two years. But it depends on your specific income and employment situation, the lender and more.
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How VA Water Test Requirements Affect Your VA LoanWater testing-related issues can prove especially difficult for homebuyers. Learn about VA water test requirements and what to expect if your prospective home is not connected to a public water system.
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What You Can (and Cannot) Do With Your VA LoanThe VA loan program provides some incredible benefits, the big one being no down payment. Learn the acceptable ways to put zero down with these VA Loan uses -
Occupancy Requirements for VA LoansThe VA has occupancy requirements for veteran borrowers, but there are some exceptions to the rules we'll explore below.
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How Compensating Factors Can Boost Your Chances of Securing a VA Home LoanCompensating factors such as a great credit history, minimal debt or solid cash reserves can bolster a VA loan application that's otherwise a little spotty.
