Tag: Veterans

Posted on 09/17/2023

Homeowners insurance requirements for veterans: What you should know

While VA loans come with numerous benefits, they share many of the same requirements as conventional loans. For veterans seeking a VA loan to purchase a home, it's often required to purchase a homeowners insurance policy. Here is the basic info about homeowners insurance requirements: Is homeowners insurance required for a VA loan? Just like most conventional mortgages,...

Homeowners Insurance

+ 2 more

Posted on 04/02/2023

Veteran Mortgage Relief: Important Things to Know

The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...

Mortgage

+ 3 more

Posted on 11/27/2022

VA Loans: Major Benefits to Consider

The U.S. Department of Veterans Affairs has helped countless veterans finance their home ownership goals. While you have the choice of a conventional loan offered by other mortgage lenders, there are some significant benefits to VA loans. Here are some of the most important advantages to consider: No Down Payment The most famous benefit of VA loans is...

Loan Beneftis

Loans

+ 10 more

Posted on 05/22/2022

Options for Veteran Mortgage Relief to Consider

If you have a VA loan, the U.S. government has options in place to assist you in case of financial hardship. There are multiple programs available to help you avoid late payments and foreclosure if your mortgage meets eligibility. Here are the major veteran mortgage relief options to know: Refund Modification A refund modification affects the principal and...

Mortgage

+ 4 more

Posted on 05/01/2022

VA Condo Requirements: What You Should Know About the Process

Military veterans can use their VA loan benefits to finance a new home. However, different property types can have different processes and requirements compared to single-family residences. Here are the most important things to know about buying a condo with a VA loan: Is the Condo VA-Approved? You can use a VA loan to purchase a condo or...

Condo

+ 7 more