VA Loan Basics
Article Archives - VA Loans Insider
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How VA Loans Work: What Most Borrowers Don’t Know About VA LoansA 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.
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Pros and Cons of VA LoansAs with any mortgage option, VA loans have pros and cons that you should be aware of before making a final decision. So let's take a closer look
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VA Loans and Investment PropertyUsing your VA home loan benefit for an investment property is an attractive option for many buyers. However, there are a few key considerations to understand at the outset when it comes to multiunit properties.
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What Happens to a VA Loan if the Veteran Dies?Losing a loved one is never easy. In addition to working through their grief, surviving family members must deal with a whole host of financial concerns to pay off debts and settle the estate.
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VA Loan Flipping Rules in 2022Flipping homes has become increasingly popular over the years. But can you do it with a VA loan?
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VA Loans for Land: Can You Use Your VA Benefits to Purchase Acreage?At the end of the day, you can use a VA loan to purchase land, but it will come with some strict stipulations. Learn about these requirements and how you can purchase land with a VA loan.
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VA Construction Loans: How to Build a Home with a VA LoanBuilding your dream home is a possibility with a VA home loan. But it isn’t always an easy road. Here we take a deep dive into VA construction loans and how you can build a home with a VA loan.
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VA Loan Assumption: Breaking Down How VA Assumptions WorkAssuming another's VA loan is an intriguing benefit with VA loans. Here we take a look at what an assumption is, the process and who can assume a VA loan.
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VA Loans and PMI: Breaking Down Mortgage Insurance and VA LoansMortgages typically have some form of mortgage insurance. Conventional loans have private mortgage insurance (PMI), FHA loans have a mortgage insurance premium (MIP) and even USDA loans have an ongoing fee. Here we look at the VA's mortgage insurance requirements - or lack thereof.
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30 Must-Read VA Loan Tips and FAQs for HomebuyersUsing your VA loan benefits to purchase a home is exciting, but if you are new to the process you may need some pointers along the way. Below we compiled the top questions and tips for Veterans looking to use their VA loan benefit.
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Comparing VA Loans to Conventional Loans
Here we compare the primary differences between VA and conventional loans to show you when each option may be the best.
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2022 VA Funding Fee: Complete Explainer with Charts and ExemptionsThe VA funding fee is a governmental fee required for many VA borrowers. However, some Veterans are exempt, and the fee varies by VA loan usage and other factors. Here we explore the ins and outs of the VA funding fee, current charts, who's exempt and a handful of unique scenarios.
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Buying Up or Downsizing? How Your VA Loan Benefit Can HelpWhether you're ready to buy a bigger house or downsize, your VA loan benefit is here to help. It's even possible to have more than one VA loan at the same time.
