by VLC Staff | Oct 7, 2022 | VA Loan, VA Loan Surviving Spouse
VA Loan Benefit For Eligible Surviving Spouses VA Loan Eligibility The VA loan was designed to make homeownership possible for qualifying Veterans, Servicemembers, and eligible surviving spouses. In this article, we want to clarify what the VA means by “eligible...
by VLC Staff | Sep 12, 2022 | VA Loan, VA Loan Closing Costs
VA Loan Closing Costs & Fees Closing costs include a variety of fees paid at or prior to closing on a home loan. Homebuyers can find closing costs confusing because the term “closing costs” is broad and is used to describe many different costs and fees associated...
by VLC Staff | Aug 9, 2022 | VA Loan
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...
by VLC Staff | Aug 3, 2022 | VA Loan, VA Loan Rental Property
VA Loan Rental Property Requirements Qualifying military veterans and servicemembers are entitled to use the VA loan benefit to purchase a home, as long as they meet the fundamental VA and mortgage lender requirements. If you are a qualifying military veteran and...
by VLC Staff | Jul 29, 2022 | VA Loan
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...
by VLC Staff | Jul 13, 2022 | VA Loan, VA Loan Benefit
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...