by VLC Staff | Mar 31, 2022 | Cash-Out Refinance, Education, Financial, VA Loan
VA Cash-Out Refinance Definition and Guidelines What is a VA Cash-Out Refinance Loan? A VA cash-out refinance loan is very similar to a conventional cash-out refinance loan. A VA cash-out refinance is a VA-backed loan that replaces your original home loan with a...
by VLC Staff | Mar 14, 2022 | Education, Financial, Military & Vets, The VA Home Loan, VA Loan
VA Loan Limits and VA Entitlement for 2022 If you’re considering purchasing a home using a VA loan this year, you are probably wondering what the VA loan limits for 2022 are. Here is what you need to know about VA loan limits in 2022 and how this will affect...
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 7, 2022 | Financial, Home Loan, Residual Income, The VA Home Loan
How Your Child Can Affect Your VA Loan Did you know your child can affect your VA loan? The VA loan has a few requirements specified by the U.S. Department of Veterans Affairs regarding childcare, child support, and residual income that are unique to this type of...
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...
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