VA Loan Purchase Options

VA Loan Purchase Options

VA Loan Purchase Options What Can You Purchase With a VA Loan? Permanent Family Residence Condo in a VA-Qualified Community Multi-Unit Property of Up to 4 Units Upgrades to Improve Energy Efficiency A Lot or Manufactured Home Refinance VA loans are known for making...
VA vs FHA Loans

VA vs FHA Loans

VA vs FHA Loans Government-backed loans are designed to make housing more affordable and attainable to more people. But not all government-backed loans are created equal. While VA and FHA home loans are both government-backed loans, there are some pretty important...
VA Loan to Buy Land and Property

VA Loan to Buy Land and Property

VA Loan to Buy Land and Property There are many ways to use your VA loan benefit and one of those is to purchase land to build a home on. The VA loan benefit cannot be used to purchase land specifically for the purpose of owning land. But if you are planning to build...
Is a VA Loan Assumable?

Is a VA Loan Assumable?

Is a VA Loan Assumable? What Is An Assumable Mortgage? What does it mean to assume a mortgage? An assumable mortgage is when someone takes over the existing home loan instead of applying for a new mortgage. With an assumable mortgage, the remaining balance, mortgage...
VA Loan Condo Purchase Guidelines

VA Loan Condo Purchase Guidelines

VA Loan Condo Purchase Guidelines One advantage of the VA loan is the various types of purchases you can make with a VA loan. A VA loan can be used to purchase a single-family home, manufactured home, condominium, a multi-unit property, and even a new build. However,...