Wondering if you can get a VA home loan with bad credit? The answer is Yes. Active-duty service members and veterans who have a bumpy credit history usually find it easier than they expected to get approved for a VA home loan, even with bad credit. The U.S. Department of Veterans Affairs recognizes that many Read More…
VA Loan resources
FHA vs VA Loans: Which Mortgage Option Is Right for You?
As a first-time buyer, you may be overwhelmed by your mortgage options. Which will offer the lowest down payment, the best terms overall, and help you minimize how much you spend on your mortgage over the life of the loan? To help you sort through the massive amount of information on home loans and learn Read More…
VA Loans vs Conventional Loans
VA loans are special home loans available only to veterans and active duty service members. They’re popular among those in the military because they boast lower interest rates than conventional mortgages often offer, and sometimes come with the perk of no down payment and more flexible credit requirements. However, before you rush to get a Read More…
VA Entitlement Explained: Basic & Bonus Loan Entitlements
There are many different aspects of VA loans that you should understand before entering into a loan agreement, one of which is VA entitlement. The VA entitlement is the amount of a home loan the Department of Veteran Affairs (VA) will cover if you default on your loan. Essentially, this is the amount the lender Read More…
How to Apply for Your First VA Loan
If you are a veteran looking to buy your first home, you may qualify for a VA Home loan. Most members of the regular military, veterans, reservists, and National Guard are eligible as well as surviving spouses of military members who died while on active duty or as a result of a service-connected disability. Are Read More…
Top 4 Benefits of VA Loans
Veterans are able to receive home loans backed by the government at a lower rate than the general public. As conventional loan rates begin to creep back up, VA loans get even better. Here are the top four benefits of a VA loan. Payments Are Lower No mortgage insurance and lower interest rates than conventional Read More…
Shelter to Soldier Partnership
Graham Bloem, Founder of Shelter to Soldier (STS) and William Lyons, CEO of Griffin Funding, are pursuing the goal of being able to underwrite the cost of rescuing and training three shelter dogs and matching them with participating veterans by the end of this year. STS is a San Diego-based 501(c)(3) non-profit organization that rescues Read More…
VA Appraisal vs Home Inspection
Many are confused about the difference between a VA appraisal and a home inspection. A VA appraisal is mandatory for all VA loans. The borrower is required to pay for it and it has a direct affect on the loan. It is used to establish the fair market value of a home as well as Read More…
