by VLC Staff | Mar 17, 2022 | Education, Military & Vets, The VA Home Loan, VA Loan, VA Loan Requirements
How to Get a VA Certificate of Eligibility A VA Certificate of Eligibility from the Department of Veterans Affairs is necessary to be approved for a VA home loan. A COE essentially demonstrates to your lender that you meet all of the VA’s qualifications based on your...
by VLC Staff | Mar 10, 2022 | Financial, Home Buying, Home Loan, The VA Home Loan, VA Loan
VA Loan Requirements for 2022 Are you considering purchasing a home in 2022? Wondering if you qualify for a VA home loan? Here are the latest VA loan guidelines, how to qualify for a VA loan, and an overview of all other VA loan requirements for 2022. Who Qualifies...
by VLC Staff | Mar 3, 2022 | Education, Financial, Home Buying, Home Loan, Military & Vets, Mortgage Loan, The VA Home Loan
What is a VA Loan? A VA loan is a mortgage issued by private lenders and guaranteed by the U.S. Department of Veterans Affairs. This type of loan has no down payment requirement, competitively low-interest rates, limited closing costs, and no need for Private Mortgage...
by VLC Staff | Feb 28, 2022 | Debt-to-Income, Financial, Home Buying, Military & Vets, The VA Home Loan
How Debt-to-Income Ratio Affects Your Mortgage What is DTI? DTI stands for “debt-to-income” and refers to the ratio of your monthly debt payments over your monthly gross income. Essentially, DTI compares your overall debt to your overall income. This calculation is...
by VLC Staff | Feb 24, 2022 | Financial, Home Buying
How to Prepare to Buy a Home in 2022 Are you planning to buy a home in 2022? This year’s housing market is shaping up to be another competitive seller’s market. However, with increasing mortgage rates, the 2022 housing market will hopefully have a larger inventory...
