In a discussion of the USDA loan vs VA loan, the VA loan comes out on top if you are talking about money saved and flexibility. Nevertheless, it’s good to know your options, and there may be some cases where the USDA will work better for you. The two programs are from different departments of the federal government and have similar benefits, but the VA is tailored to help veterans and active duty military members in very specific ways. Both the benefits, and the requirements, can help you afford a new home.
Tag: military
VA Loan Appraisal Requirements, Process, Cost and Fees
VA loan appraisal requirements are not like a lot of the VA requirements you hear about. There’s no getting around this one. The VA loan system won’t give you their blessing for your VA loan mortgage without it. The good news is they have a large network of VA-approved appraisers and one of them will be assigned to your case. You don’t have to do much, but understanding the ins and outs of the appraisal will help you navigate the VA loan process.
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Veteran Home Loans | Get More Savings from Homes for Heroes
Veteran home loans come in many shapes and sizes, but the one you should really concentrate on is the VA loan system. It can help veterans during various stages of their lives, whether you already own a home or are looking for a new home. The benefits of a VA loan guaranteed mortgage are substantial. Save yourself a lot of money, up front and over the course of your mortgage, by learning the basics of the VA loan system. The time you invest will be more than worth it.
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United Veterans Council of Monterey County Receives $10,000 Grant
Since 1989, the United Veterans Council of Monterey County has been working to promote the common good and welfare of all Veterans, their dependents, widows and orphans. They provide resources to Veterans who are struggling; who are in need of a little assistance with housing, repairs, food, clothing and utilities. Homes for Heroes, in conjunction with their local real estate specialist, has awarded the United Veterans Council of Monterey County a hero grant through the Homes for Heroes Foundation to help support their efforts with local Veterans and their families.
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Using VA Loan for Investment Property
If you are interested in using a VA loan for investment property, you’ve come to the right place. Most aspects of the VA loan process are pretty straightforward and clear. This topic, however, is a very twisty path full of exceptions, timing, loopholes, strict rules and flexible policy. There aren’t any easy answers, but if you want to use your VA loan benefit for an investment property (or properties), it is possible. Just promise to hang on for the ride.
VA Certificate of Eligibility (COE) | What it is and How to Get One
The VA Certificate of Eligibility is the one of the first things you will encounter when you start investigating the VA loan process. The good news is, while you do need this important document to complete your application, it is not difficult. It’s just a one page form, it’s online, and you don’t need to get that done before you do anything else.
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VA IRRRL | Guide to the VA Streamline Refinance
The VA IRRRL isn’t just another weird acronym created by the Veterans Administration that’s designed to confuse you. It’s actually a very useful loan program that is sort of an offshoot of the very popular VA Home Loan Program. VA Loans have helped more than 25 million veterans and active duty armed forces personnel since it began, and it helped 1.2 million heroes in 2020 alone.
VA Loan Closing Costs | What to Expect at Closing
VA loan closing costs are a little different than average closing costs using a conventional mortgage because there are rules about what VA borrowers can and can’t pay. Consequently, the VA closing costs are not as straightforward as you might imagine, and you’re going to need some skilled negotiators on your side to complete the process. Fortunately, Homes for Heroes can provide you with a team of negotiators to help you work through your VA loan closing day.
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Military Appreciation | Thank You Veterans, Active Duty and Reserve
Showing our military appreciation all year long is a great way to say thank you Veterans, Active Duty and Reserve for your service and sacrifice. Each of the six branches of the U.S. Military plays an important role in our country’s history and there are many ways you can show your appreciation for military service members and their contributions. Here we offer our gratitude, provide you with a comprehensive list of military holidays and observances, and 14 ways to show your military appreciation and offer your support any time of year. Plus, we offer a glimpse into all that Homes for Heroes is doing to support our nation’s military community by saving them money on their home and mortgage transactions, and awarding grants to assist homeless veterans in need.
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Memorial Day: We Honor Our Heroes That Gave So Much
Memorial Day is a day for us to honor those who fought and fell in battle while fighting for our country. They sacrificed their lives for the continuance of our nation alongside those who are still alive to tell us their stories of courage and bravery. On this Memorial Day, Homes for Heroes would like to honor all of those that gave so much.
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