ARCHIVED BLOG POSTS
2013
A reader asks, "I would like to purchase a house...this is my first time buying a house. I'm currently serving as a Staff Sergeant in the Marine Corps. How can I go about in getting a loan? I also want to put all my bills as part of the loan, that way I only have one payment. Can I do that?" T...
02/05/2013
A reader asks, "Since I am not eligible for my VA benefits due to OTH discharge, how can I get my $1200.00 reimbursed that I put into the Montgomery GI Bill education fund? Now I’m out and want my $1200.00 back." You may notice there's not direct question about VA loans here, but this reader ques...
02/04/2013
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Comments
A reader asks, "I am an eligible veteran and considering using a VA loan to purchase a home." "In the standard real estate contract there is a clause that requires the house I am purchasing to appraise equal to or above the contract price. I will have substantial down - nearly 40%. With the pa...
02/03/2013
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The VA Interest Rate Reduction Refinancing Loan is an option VA borrowers have when they want to refinance an existing VA mortgage with a "streamline" type loan similar to those offered by the FHA. A streamline refinance involves reduced paperwork, the potential to refinance without an appraisal ...
01/31/2013
A reader asks, “I will soon begin the process of a 30-year VA mortgage application. I am USN retired. I have also been certified by the VA as disabled (hearing disability), and I have this information in a VA certification letter from the mid-90′s. Will this disability make me exempt or able to o...
01/31/2013