VA loan expert Chris Birk brings you the latest news and tips about your VA loan benefit
A VA Loan is a mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs. Here we look at how VA loans work and what most borrowers don’t know about the program.
National Guard members and Reservists can tap into the same VA loan benefit that’s helped generations of Veterans and active duty service members achieve the dream of homeownership.
When your loan officer calls to say your loan is Clear to Close (CTC), that means the underwriter has approved all documentation necessary for the title company to schedule the closing and start drafting the Closing Disclosure.
The VA’s loan limits have long been a source of confusion and consternation.
With interest rates hitting historic lows, more homeowners are considering shorter loan terms as an option.
Despite rising rates, surging home prices and lingering COVID-19 concerns, Veterans are hot on homebuying in 2021 and beyond.