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Va Benefits

Thursday, August 9, 2012

Veteran Benefits Bill Ushers in VA Loan Changes

Updates will help surviving spouses, service members with disabilities, married military couples and more.

Some key changes to the VA home loan program are on the way now that a wide-ranging veteran benefits bill is on the books. President Obama signed the “Honoring America’s Veterans and Caring for Camp Lejeune Families Act” this week. A big part of the measure centers on health care coverage for people exposed to contaminated drinking water at Camp Lejeune. The law contains provisions on everything from homelessness and health to protests at military funerals. But some of the home loan changes will help surviving spouses, married military couples, single-parent service members and veterans with disabilities. Here's a look at what's ahead for prospective homebuyers: The VA applies to all loans a mandatory fee that helps keep the no-down …

albert

2:02 am on Wednesday, November 7, 2012

VA loans are made by private lenders. Banks, mortgage companies, other lenders and other resources are the ones who put up funds for service members to purchase a home.That is one of the benefit provides by the Veterans program that is it does not required Down payment. business loans for veteran   more ›

Wednesday, November 9, 2011

This Veterans Day, VA Loans are More Important Than Ever

Military borrowers continue to flock to this flexible financing program in the face of an increasingly tighter credit and lending environment.

The last few years have proved a mixed bag for home buyers and homeowners alike.    Borrowers who qualify have reaped the benefits of government-sponsored tax credit programs and record-low interest rates. At the same time, the subprime mortgage meltdown and ensuing financial crisis created a restrictive credit environment and made it significantly tougher for some to purchase homes or refinance.   That relatively grim storyline isn’t exactly the same for military members. Big-Time Benefits VA loan volume has soared 135 percent since 2007. Falling home prices and a watertight credit market have brought new attention to the long-cherished VA home loan program.   Veterans and active duty service members don’t need to hit strict credit or …

Ed Urbaniak

1:47 am on Monday, November 21, 2011

I came across your article because I have a google alert for "forclosure, sterling, VA" While your article was about the Veteran's Administration and not Virginia, I found it interesting. As a gulf-war era veteran, I think one reason that many veterans don't take advantage of the VA benefit is that many veteran's think of a veteran as only someone who was in a war zone. I hear it all the time …   more ›

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