Last year, almost 750,000 VA loans were given out, totaling over $250 billion. This shows how big and important the VA home loan program is for Veterans and their families. It’s a key benefit for those who have served our country.
The VA home loan program has special benefits that make it stand out. You can buy a home with no down payment and get low interest rates and few closing costs. This means big savings over the loan’s life since you don’t pay Private Mortgage Insurance (PMI).
Key Takeaways
- No down payment required for VA home loans
- Competitive interest rates, typically 0.5-1% lower than conventional loans
- Limited closing costs with sellers able to pay up to 4% in concessions
- No need for Private Mortgage Insurance (PMI)
- VA loan benefit is a lifetime entitlement that can be used multiple times
Introduction to VA Home Loans
The VA home loan program helps veterans, active-duty service members, and eligible surviving spouses buy homes. It’s backed by the U.S. Department of Veterans Affairs (VA). This program offers special benefits not found in regular mortgages.
Overview of VA Home Loan Program
Since 1944, the VA home loan program has helped over 28 million people. It offers different types of loans, like purchase loans and cash-out refinance loans. There’s also the Interest Rate Reduction Refinance Loan (IRRRL) and the Native American Direct Loan (NADL) program.
Eligibility Requirements for VA Loans
- Active duty service members, veterans, and eligible surviving spouses can get a VA loan.
- You need to meet certain service length, duty status, and character of service requirements.
- Now, National Guard members with at least 90 days of active service can also apply.
The VA home loan program is a great chance for those who have served. It helps them become homeowners with special benefits and support. By learning about the program and its rules, veterans and service members can start working towards a secure financial future.
No Down Payment Required
VA home loans offer a big advantage: qualified veterans and service members can buy a home without a down payment. This is a big plus when compared to FHA loans, which need at least a 3.5% down payment, and conventional loans that often require 5% or more.
For a $250,000 mortgage, a military borrower would need $8,700 for an FHA loan and $12,500 for a conventional loan. The VA loan’s no-money-down option lets veterans and service members buy homes without saving for years to come.
Savings Comparison with FHA and Conventional Loans
According to recent data:
- Only 3-in-10 veterans know they can buy a home with zero down payment.
- About 75% of all VA purchase loans had zero down payment in Fiscal Year 2022.
- Approximately 80% of veterans using their VA loan benefits didn’t put any money down on their home.
- No down payment is the top reason veterans pick the VA loan over other options.
| Loan Type | Down Payment | Down Payment Amount (on $250,000 home) |
|---|---|---|
| VA Loan | 0% | $0 |
| FHA Loan | 3.5% | $8,700 |
| Conventional Loan | 5% | $12,500 |
The VA loan’s no-down payment feature helps veterans and service members save their money. It also avoids the big upfront costs of other loans. This can be a big help for those wanting to own a home without using up all their savings.
Competitive Interest Rates
VA loans are known for their low interest rates. The average 30-year VA loan APR is 7.11%. The average 30-year VA refinance APR is a bit higher at 7.65%.
The average 30-year VA mortgage interest rate for July 09, 2024, is 7.07%. This is just a tiny drop from the week before. The average 30-year VA refinance interest rate is 7.62%, a small increase from last week.
As of March 27, 2024, the average 30-year VA loan rate was 6.87%. This is lower than the average conventional loan rate of 6.96%. This means VA loans can save money for eligible borrowers compared to conventional and FHA loans.
A recent survey found half of veterans think mortgage rates will go down or stay the same next year. This shows the competitive advantage of VA loans.
“VA loans offer benefits like no down payment, no mortgage insurance, low credit score requirements, and lower mortgage rates compared to other loan types.”
The interest rate on a VA mortgage depends on many things. These include the borrower’s credit score, loan term, market conditions, and the lender. But VA loans often have lower rates for eligible borrowers.
By using the VA loan program, veterans and service members can save a lot over their mortgage’s life. This makes buying a home more reachable and cheaper.
Limited Closing Costs
VA home loans offer veterans and active-duty service members a big advantage: limited closing costs. The VA sets strict rules on fees and charges for VA loan borrowers. This makes buying a home easier and more affordable.
Closing Cost Limits for VA Loans
The VA limits the closing costs and fees that veterans can be charged on their home loans. Some costs must be paid by others in the deal. For example, veterans can ask sellers to cover all their loan closing costs and up to 4% in concessions.
These concessions can pay for things like prepaid taxes and insurance, paying off collections and judgments, and more. The VA funding fee is the only cost that can be added to the loan. This fee is between 0.5% to 3.3% of the loan amount, based on the down payment and if it’s the borrower’s first VA loan. Sometimes, the fee can be waived.
Other costs include the appraisal fee, which is $425 to $875, and an origination fee up to 1% of the loan. Buyers might also pay discount points to lower their interest rate. Each point is 1% of the loan.
The VA’s rules on closing costs make buying a home more affordable for those who qualify. They ensure borrowers don’t face too many fees when buying a home.
| Closing Cost | Typical Range |
|---|---|
| VA Funding Fee | 0.5% – 3.3% of loan amount |
| Appraisal Fee | $425 – $875 |
| Origination Fee | Up to 1% of loan amount |
| Discount Points | 1% of loan amount per point |
| Total Closing Costs | 3% – 5% of loan amount |
The VA loan program saves a lot on closing costs. This makes buying a home more possible for our nation’s veterans and service members.
No Private Mortgage Insurance (PMI)
VA loans have a big advantage: no private mortgage insurance (PMI). Unlike other loans, VA loans don’t make you pay extra each month. This means veterans and service members can save a lot over time.
PMI Savings with VA Loans
Let’s look at how much you could save:
- For a $150,000 loan, the monthly PMI cost on a conventional loan could be around $115.
- For a $450,000 loan, the monthly PMI cost could be as high as $345.
With a VA loan, you avoid these PMI costs. This means you save money every month. Over the loan’s life, you could save thousands of dollars. This makes VA loans a great choice for eligible veterans and service members.
Not having to pay PMI is a big plus of VA loans. It lets borrowers keep more of their money. With no down payment needed and low interest rates, VA loans are a smart pick for those who have served.
Lifetime Benefit
The VA home loan program is a big deal that goes beyond just one loan. Veterans and service members can get a va loan and use it over and over again. This means they can keep using the va loan benefit for as long as they live, making it a huge asset.
Many think the va loan is only for one time. But that’s not true. Veterans can have more than one va loan at once, thanks to special rules. They don’t have to pay off the first loan to get another one.
This means veterans can use the va loan whenever they need it. It’s great for buying a first home, refinancing, or even getting another house. The VA really cares about helping those who have served.
“The VA home loan benefit is a gift that keeps on giving. It’s a privilege that can be utilized again and again, making it a truly invaluable resource for those who have dedicated their lives to serving our nation.”
For veterans and service members, the VA loan’s lifetime benefit is a rock-solid support. It helps them reach their homebuying dreams with confidence. This makes the VA loan program a key tool for those wanting to own a home.
va home loans
The VA home loan program offers many financing options for veterans, active-duty service members, and their families. It includes purchase loans, refinancing, and special programs. This program helps those who have served our country in many ways.
VA Purchase Loans
The VA purchase loan is a popular choice. It lets eligible borrowers buy a primary residence with no down payment. This means veterans and service members can become homeowners without the big upfront costs of other loans.
VA Refinance Loans
VA refinance loans, like the Interest Rate Reduction Refinance Loan (IRRRL), help lower interest rates and monthly payments for current VA loan holders. The VA cash-out refinance option lets borrowers use their home’s equity for things like paying off debt or improving their home.
Specialized VA Loan Types
- VA Energy Efficient Loans – These loans help veterans and service members pay for energy-efficient upgrades. This can lower their utility bills over time.
- VA Adapted Housing Grants – These grants help disabled veterans buy or modify a home to fit their needs. They improve the borrower’s life and independence.
- Native American Direct Loan (NADL) Program – This loan is for eligible Native American veterans who want to buy, build, or improve a home on federal trust land.
Every VA loan type has special benefits like no down payment, competitive rates, and low closing costs. By learning about these options, veterans and service members can make smart choices to reach their homeownership goals.
| VA Loan Type | Purpose | Key Features |
|---|---|---|
| VA Purchase Loan | Purchase a primary residence | No down payment required |
| VA Refinance Loan (IRRRL) | Refinance an existing VA loan to lower interest rates | Streamlined process, no appraisal required |
| VA Cash-Out Refinance | Refinance and access home equity | Tap into home’s equity for various purposes |
| VA Energy Efficient Loans | Finance energy-efficient home improvements | Reduce long-term utility costs |
| VA Adapted Housing Grants | Purchase or modify a home for disabled veterans | Improve quality of life and independence |
| Native American Direct Loan (NADL) | Purchase, construct, or improve a home on federal trust land | Specialized loan option for eligible Native American veterans |
Relaxed Credit Requirements
VA home loans have easier credit rules than conventional and FHA loans. The VA doesn’t have a minimum credit score. But, lenders use credit scores to check if you might not pay back the loan. These scores are usually lower than for other mortgages.
VA loans are more forgiving if you’ve had financial problems like bankruptcy or foreclosure. This is great for veterans and service members who have had credit issues before.
According to recent data:
- The median FICO® Score requirement for VA Home Loans at Rocket Mortgage is 580.
- Borrowers with credit scores below 620 can qualify for a VA loan as long as their housing expense ratio does not exceed 38%.
- Borrowers with credit scores below 640 and a down payment less than 5% can have a debt-to-income ratio (DTI) no higher than 45%.
- The minimum median FICO® Score for manual underwriting approval at Rocket Mortgage is 640, with a maximum allowable DTI of 45%.
- Borrowers can qualify for VA jumbo loans up to $2 million with a 10% down payment or equity amount and a median credit score of 680 or higher.
These easy credit rules make VA loans a good choice for many veterans and service members. They help you buy a home even if you’ve had financial problems before.
“The VA doesn’t set a minimum credit score requirement for VA loans at the program level, making them more accessible to a wider range of borrowers.”
If you’re a veteran or active-duty service member looking into buying a home, think about VA loans. They have more flexible credit rules.
No Prepayment Penalties
A VA home loan has a big plus: no prepayment penalties. Unlike some other loans, you can pay off your home loan early without extra fees. This means veterans and service members can refinance or pay more to pay off their mortgage faster, without extra costs.
Being able to pay off a VA loan early without penalties is a big plus. It’s different from mortgage prepayment penalties or home loan prepayment fees in other loans. This freedom lets VA borrowers control their finances better and save money on interest over time.
| Benefit | Explanation |
|---|---|
| No Prepayment Penalties | VA loans allow borrowers to pay off their mortgage early without facing any additional fees or penalties. |
| Flexibility to Refinance | The absence of prepayment penalties gives VA borrowers the freedom to consider future refinancing options to potentially lower their interest rates or monthly payments. |
| Accelerated Payoff | VA borrowers can make extra payments towards their loan principal without penalty, allowing them to pay off their mortgage faster and save on interest costs. |
The VA loan program removes va loan prepayment penalties, giving borrowers control over their finances. This, along with other benefits, makes it a great choice for eligible veterans and service members looking for a mortgage that fits their needs.
“The ability to prepay a VA loan without penalties is a significant advantage over prepayment penalties found in certain conventional or home loan prepayment fees associated with other loan types.”
Foreclosure Avoidance Assistance
The VA mortgage program is a safe option for borrowers. It helps veterans in trouble and works to keep them in their homes. The VA guaranty program helps with va loan foreclosure assistance and va loan foreclosure prevention. This makes it easier for veterans to keep their homes.
VA loans offer support for veterans facing foreclosure. Over the years, the program has helped hundreds of thousands of veterans avoid losing their homes. The VA helps with va loan default assistance in several ways, including:
- Supplemental servicing assistance to help cure defaults on VA-guaranteed home loans.
- Loan Guaranty Technicians in eight Regional Loan Centers and two special servicing centers to assist veteran borrowers in avoiding foreclosure.
- A toll-free hotline (877-827-3702) for veterans with VA-guaranteed home loans to reach the nearest Loan Guaranty office for assistance in saving their loans.
The HOPE NOW Alliance also helps borrowers in trouble, aiming to keep them in their homes. Lenders must try to contact borrowers within 36 days of a missed payment. They can’t start foreclosure proceedings until a homeowner is over 120 days late.
Veterans can refinance their mortgages to a VA-guaranteed loan for up to 100% of the property’s value. The maximum loan amount is $729,750, based on the property’s location. This is a good option for veterans struggling with their mortgages and at risk of foreclosure.
In conclusion, the VA loan program’s foreclosure avoidance assistance is a big help for veterans and service members. It provides a safety net and support to help them keep their homes and avoid foreclosure.
The VA Appraisal Process
Applying for a VA home loan means going through an appraisal step. This step is key to make sure the property is up to standard. The VA appraisal checks two main things: the home’s value and if it meets the VA’s property standards.
Appraised Value and Minimum Property Requirements
The VA appraiser figures out the home’s fair market value. This makes sure the home is priced right. They also check if the property meets the VA’s Minimum Property Requirements (MPRs). These requirements make sure the home is safe, sound, and clean for the Veteran buyer.
The VA appraisal usually takes about 10 business days to finish and share online. The cost of the appraisal varies a lot by state, sometimes reaching over $800.
If the appraisal value is lower than the loan amount, buyers can try to negotiate the price with the seller. Or, they can pay the difference in cash. Remember, the VA appraisal isn’t a full home check-up. Buyers might want to get a detailed check from a professional home inspector.
| Key VA Appraisal Process Facts | Details |
|---|---|
| Appraisal Purpose | Establish fair market value and ensure property meets VA Minimum Property Requirements |
| Appraisal Timeline | Typically 10 business days to complete and upload |
| Appraisal Fee Range | $600 or more, varying by state and property type |
| Appraisal Validity | 6 months for refinance loans, until loan closing for purchase loans |
| Appraisal vs. Home Inspection | Appraisal is not a comprehensive home inspection; buyers should consider hiring a professional inspector |
The VA appraisal process is key in the VA home loan process. It makes sure the property is valued right and meets standards for Veteran buyers. By knowing about the appraisal process and its rules, borrowers can move through the VA loan process with confidence. They can make smart choices about buying a home.
Acceptable Income Sources
When looking at va loan income requirements, the VA home loan program is flexible. It considers various income types for loan qualification. This includes military income sources beyond just salaries and wages.
Income sources like the Basic Allowance for Housing (BAH), disability pay, and retirement income are counted. Other military earnings, such as subsistence and clothing allowances, hazard pay, overseas pay, and imminent danger pay, are also considered. This lets Veterans and Servicemembers use different va loan acceptable income sources.
The VA looks at other income too, like self-employment, part-time work, alimony, child support, and rental income. These must be stable, reliable, and expected to keep coming. Lenders want a two-year history of these incomes to be sure they’re stable.
But, some income doesn’t count, like temporary job income, VA educational allowances, or lottery winnings. Also, income from the cannabis industry is hard to verify because of state and federal law conflicts.
The VA checks income for each case, using lender judgment, common sense, and flexibility. They aim to see if the Veteran is a good credit risk and has enough income for loan repayment.
“The VA requires income to be stable, reliable, anticipated to continue, and sufficient in amount for it to count towards a VA loan application.”
Understanding the va loan income requirements and how the VA looks at income helps Veterans and Servicemembers. It helps them use their military income sources to get a VA home loan and reach their homeownership goals.
State-Specific Benefits and Resources
The VA home loan program gives veterans and service members great benefits nationwide. But, many states also offer extra help and state va loan benefits. Checking out these state va loan resources can help veterans get the most help when buying a home.
Some states give veterans lower property taxes or exemptions. Others have veteran housing assistance programs to meet local housing needs. Knowing about the state va loan benefits and resources in their area helps veterans make better choices. This way, they can get the best support for buying a home.
To find out about state va loan benefits and state va loan resources in your state, check the My Army Benefits website. Or look at the VA home loan purchase process info from the Department of Veterans Affairs.
“Using state-specific benefits and resources can greatly help veterans get affordable housing and achieve homeownership.”
- In Alaska, when a property changes ownership, it must pass a Health Authority check for the septic system.
- In Arizona, the total cost of extra items a veteran chooses can’t be more than 15 percent of the base plan’s value for listed properties.
- Since October 1, 2014, Connecticut no longer requires shared agreements for private roads or driveways due to a law change.
- Hawaii needs Wood Destroying Insect Inspections for homes and condos because of termite risks. These inspections are valid for 15 days and reported on a State Prescribed PC-9 Form.
- In Michigan, wood-destroying insect reports are needed in certain areas. Also, a builder’s license is required for some property appraisals.
- Massachusetts requires homes to meet DEP Title 5 standards for sewage systems. Shared maintenance for private roads or driveways is no longer needed due to a law.
These examples show the special state va loan benefits and state va loan resources for veterans across the country. By staying informed and active, veterans can use these programs to improve their homebuying experience. This way, they can get the support they need to reach their housing goals.
How to Apply for a VA Home Loan
Applying for a VA home loan is easy and can help veterans, active-duty members, and their spouses buy a home. You can apply to buy a new property or refinance an old one. It’s important to know the steps to get a VA loan.
Application Process for Purchase Loans
The first step is to get a Certificate of Eligibility (COE). This proves you can get a VA loan. You can get it from your lender, VA.gov, or by mail. With your COE, you can start applying for a loan with a VA-approved lender.
The lender will check your credit, income, and assets to see if you qualify. They’ll also need a VA appraisal of the property to make sure it meets VA standards. After the appraisal and review, you can close on your new home.
Application Process for Refinance Loans
Applying for a VA loan to refinance is simpler than buying a home. If you already have a VA loan, you can get an Interest Rate Reduction Refinance Loan (IRRRL). This doesn’t need a new COE and is faster.
For a cash-out refinance, you’ll need a new COE. The process is similar to buying a home, with the lender checking your credit and the property’s value.
It’s important to work with a VA-approved lender for any loan type. They can help you through the process and make sure you use all the VA loan benefits.
| VA Loan Application Highlights |
|---|
| 3,246 Veterans started their quote online today. |
| Nearly all COE requests come electronically, and about two-thirds get issued immediately. |
| The VA typically requires a 620 FICO credit score to obtain financing through a VA loan. |
| The VA loan process generally takes 30 to 45 days once under contract on a home. |
Working with a VA-approved lender is key to a successful loan application. They can guide you and help you use all the VA loan benefits. With the right help and preparation, you can get the financing you need for your dream home.
Conclusion
The VA home loan program helps Veterans and Servicemembers buy homes easily and affordably. It offers va loan benefits like no down payment, low interest rates, and fewer closing costs. You also get no private mortgage insurance, a lifetime benefit, easier credit rules, and help avoiding foreclosure.
Over the past 15 years, the va home loans program has grown a lot. Last year, almost 750,000 VA loans were given out, totaling over $250 billion. These benefits make it easier for Veterans to own homes.
The VA loan program is a great way for those who have served to own a home. It helps with monthly costs and overall finances. Veterans and Servicemembers can use the VA loan’s benefits to get their dream home and build wealth over time.
To learn more about the VA home loan program, talk to a trusted lender like Veterans United. Their experts will help you through the process. With the VA loan’s benefits, owning a home is within reach for Veterans.
FAQ
What are the key benefits of VA home loans?
Who is eligible for a VA home loan?
How do VA home loans compare to FHA and conventional loans in terms of down payment?
What are the typical interest rates for VA home loans?
How are closing costs handled with VA home loans?
Do VA home loans require private mortgage insurance (PMI)?
Is the VA home loan benefit a one-time benefit?
What types of VA home loans are available?
What are the credit requirements for VA home loans?
Are there prepayment penalties with VA home loans?
What assistance does the VA provide for foreclosure avoidance?
What is the purpose of the VA appraisal process?
What types of military income can be counted for VA loan qualification?
Are there any state-specific benefits or resources available for VA home loans?
How do I apply for a VA home loan?
Source Links
- VA.gov | Veterans Affairs – https://www.benefits.va.gov/homeloans/
- VA.gov | Veterans Affairs – https://www.benefits.va.gov/HOMELOANS/purchaseco_eligibility.asp
- VA Loan Benefits – All the Incredible Advantages of the VA Loan – https://www.veteransunited.com/va-loans/va-home-loan-advantages/
- VA Loans: The Complete Guide to Eligibility, Rates and Benefits – https://www.veteransunited.com/va-loans/
- Buying a home with a VA-backed loan | Veterans Affairs – https://www.va.gov/housing-assistance/home-loans/home-buying-process/
- VA Loans: What They Are And How To Qualify | Bankrate – https://www.bankrate.com/mortgages/understanding-va-loans/
- Understanding VA Loan Down Payment Requirements – https://www.veteransunited.com/realestate/why-va-loans-dont-require-a-down-payment/
- VA Loan Down Payment Requirements – https://www.rocketmortgage.com/learn/va-loan-down-payment
- VA Loan Down Payment: Definition And Requirements | Bankrate – https://www.bankrate.com/mortgages/va-loan-down-payment/
- Compare Current VA Loan Rates Today | Bankrate – https://www.bankrate.com/mortgages/va-loan-rates/
- Compare Current VA Loan Rates – NerdWallet – https://www.nerdwallet.com/mortgages/mortgage-rates/va
- PDF – https://www.benefits.va.gov/homeloans/documents/docs/VA_Buyers_Guide.pdf
- VA funding fee and loan closing costs | Veterans Affairs – https://www.va.gov/housing-assistance/home-loans/funding-fee-and-closing-costs/
- VA Loan Closing Costs: How Much Are They And Who Pays Them? – https://www.rocketmortgage.com/learn/va-loan-closing-costs
- VA Loan Closing Costs – Complete List of Fees to Expect – https://www.veteransunited.com/education/homebuying/closing-costs/
- Do VA Loans Have Private Mortgage Insurance (PMI)? – https://www.cusocal.org/blog/do-va-loans-have-pmi
- Ten things most Veterans don’t know about VA home loans – VA News – https://news.va.gov/31825/ten-things-veterans-dont-know-va-home-loans/
- VA Loans and PMI: Breaking Down Mortgage Insurance and VA Loans – https://www.veteransunited.com/valoans/a-closer-look-at-a-key-va-loan-benefit-avoiding-pmi/
- The Lifetime Advantages of the VA Loan Program – https://www.military.com/money/va-loans/the-lifetime-advantages-of-the-va-loan-program.html
- Microsoft Word – vap_26-4_online_version.doc – https://benefits.va.gov/homeloans/documents/docs/vap_26-4_online_version.pdf
- VA.gov | Veterans Affairs – https://www.benefits.va.gov/homeloans/faq_eligibility.asp
- Eligibility for VA home loan programs | Veterans Affairs – https://www.va.gov/housing-assistance/home-loans/eligibility/
- VA home loan limits | Veterans Affairs – https://www.va.gov/housing-assistance/home-loans/loan-limits/
- VA Loans: Rates, Eligibility Requirements And More – https://www.rocketmortgage.com/learn/va-loans
- What Is The Minimum VA Loan Credit Score For A Home Purchase Or Refinance? – https://www.rocketmortgage.com/learn/va-loan-credit-score
- VA Loan Credit Score Minimums and Lender Requirements – https://www.veteransunited.com/realestate/va-loans-and-credit-score-minimums-what-all-buyers-need-to-know/
- VA Loans for Bad Credit Scores | Freedom Mortgage – https://www.freedommortgage.com/learning-center/articles/how-to-get-a-va-loan-with-poor-credit
- Paying off a VA Loan Early: Pros and Cons – https://www.veteransunited.com/futurehomeowners/is-early-mortgage-payoff-worth-the-risk/
- Benefits of VA Home Loans | Freedom Mortgage – https://www.freedommortgage.com/learning-center/articles/va-loan-program-benefits
- Pros and Cons of the VA Loan in 2024 – https://www.veteransunited.com/valoans/va-loan-pros-and-cons/
- Assistance with Deliquent Home Loans – https://www.calvet.ca.gov/VetServices/Documents/USDVA Delinquent Loan Assistance.pdf
- Foreclosure Avoidance Options for VA Homeowners – https://www.veteransunited.com/valoans/va-foreclosure-avoidance/
- Microsoft Word – delinquent_veteran_borrowers_in_delinquency.doc – https://www.benefits.va.gov/homeloans/documents/docs/delinquent_veteran_borrowers_in_delinquency.pdf
- Microsoft Word – Ch10_Appraisal_Process_NEW – https://benefits.va.gov/WARMS/docs/admin26/m26-07/Chapter_10.pdf
- An In-Depth Look at the VA Appraisal – https://www.veteransunited.com/education/processing/
- VA Appraisal – 8 Things You Must Know – https://www.veteransunited.com/realestate/8-things-you-must-know-about-the-va-appraisal/
- 020100000030 | VA Credit Standards Course – https://homeloans.va.gov/CreditStandards/runtime/faq/020100000030.html
- VA Loan Income Requirements in 2024 – https://www.veteransunited.com/realestate/what-income-will-count-toward-a-va-loan/
- Chapter 4 – https://www.benefits.va.gov/WARMS/docs/admin26/pamphlet/pam26_7/ch04.pdf
- VA.gov | Veterans Affairs – https://www.benefits.va.gov/HOMELOANS/appraiser_cv_local_req.asp
- VA Home Loans – https://myarmybenefits.us.army.mil/Benefit-Library/Federal-Benefits/VA-Home-Loans?serv=123
- VA.gov | Veterans Affairs – https://www.benefits.va.gov/homeloans/purchaseco_buy_process.asp
- 2024 VA Loan Eligibility Requirements – Veterans United – https://www.veteransunited.com/va-loans/va-home-loan-eligibility/
- Get a VA Loan – Apply Online Today | Assurance Financial – https://assurancemortgage.com/va-loans/
- How to Get a VA Loan in 5 Steps | LendingTree – https://www.lendingtree.com/home/va/how-to-get-a-va-loan/
- Are VA Loans Harder to Close? – https://thehomeloanexpert.com/are-va-loans-harder-to-close/
- VA Loan Assumption: Breaking Down How VA Assumptions Work – https://www.veteransunited.com/valoans/va-loan-assumption/
- Can Closing Costs Be Included In A VA Loan? | Quicken Loans – https://www.quickenloans.com/learn/can-closing-costs-be-included-in-a-va-loan