Archive for Military Finance News

VA Mortgage Offers Military Home Finance Opportunities

admin | July 20, 2010 | 0 Comments

Nationwide mortgage lender posted a great article that highlighted the benefits of militray home finance opportunities with the VA mortgage.  While in the past military borrowers used to have to jump through hoops to qualify for VA mortgages, today the VA loan process has been streamlined and VA mortgage rates are lower than ever.  In [...]

VA Mortgage Rate Update

admin | December 30, 2009 | 0 Comments

The volume of VA loan requests last week dropped 18% from the prior week. Results from last week’s VA loan applications: 38% were for VA home refinance loans, 55% were for VA home loans. There were no home equity loan applications because VA is not offering any 2nd mortgage programs at this time. Zillow reported [...]

VA Loan Eligibility

admin | December 30, 2009 | 0 Comments

The Dept. of Veteran Affairs provides superior home financing for military vets with their VA home loan program. VA loans offer unique lending options looking to purchase a new home or refinance their present home loan. VA loan guidelines offer flexibility because borrowers do not need any money for down-payments for home buying. VA guarantees [...]

California Mortgage Rates Drop for VA Loans

admin | December 10, 2009 | 1 Comments

California mortgage rates dropped to 4.75% on fixed 30-year VA home loans. Guidelines for California VA loan programs were updated by the Department of Veteran Affairs. Don’t forget to calculate VA’s maximum guaranty mortgage amount for a particular county when checking the VA loan limits. VA Loan Limit by County for California CA ALAMEDA $1,094,625.00 [...]

Low VA Rates with VA Streamline

admin | November 11, 2009 | 0 Comments

VA mortgage rates are available as low as 4.75% for 30-year loan terms. According to the VA Home Loan Company, another great feature is that the “VA streamline refinance loan is that you can get it with no closing costs.” The only cost to the loan is a 0.5% funding fee. And that can be [...]

VA Loans the Best Mortgage Product on the Planet

admin | September 22, 2009 | 0 Comments

Most mortgage insiders would agree VA mortgage loans are pound for pound the best home loan products on the planet. VA mortgage rates are so affordable that home-buying has become more appealing to military veterans across this great nation.  You must be a military veteran or be a meet the criteria as direct family to qualify for [...]

VA Loan Delinquencies Rise with Home Foreclosures

admin | September 15, 2009 | 0 Comments

VA home loan delinquencies rose significantly last quarter nationwide. Foreclosure filings in the U.S. exceeded 300,000 for the sixth straight month as job losses that boosted the unemployment rate to a 26-year high left many homeowners unable to keep up with their mortgage payments. A total of 358,471 properties received a loan default or auction [...]