Service members or veterans considering building a dream home have an additional funding opportunity. A Veterans Affairs (VA) construction loan has some of the same benefits as VA mortgages but allows ...
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VA loans are guaranteed by the U.S. Department of Veterans Affairs, so they have lower rates and flexible credit score requirements. There's also no down payment or private mortgage insurance required ...
You can use a VA loan to build and finance a property you’ll use as your primary residence. However, you cannot use this type of loan to fund the construction of a vacation home or investment property ...
Home buyers might be surprised to learn how many mortgage options they have when shopping for a new house. Active and former service members, in particular, have several financing options to explore, ...
Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
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VA loan spouse requirements
VA loans are designed for military members, veterans and their spouses. Spouses can qualify for a VA mortgage by being an active service member, a veteran or by being a civilian co-borrower on a VA ...
The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan.
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Getting approved for a VA loan as a spouse of an active service member or veteran comes with specific requirements, and understanding the eligibility criteria is crucial to securing housing benefits.
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