What will go wrong in a VA appraisal? In general, any visible health or safety concern will be a problem on a VA evaluation report. You will not be able to close a home until these issues are resolved. In some cases, sellers are willing to cover the … [Continue reading] about What is the purpose of a VA loan?
What are the pros and cons of a VA loan? ProConNo participationVA funding feeNo PMIThe VA funding fee increases after the first useHigher allowed DTIThe loan could exceed the market valueCredit flexibilityFor primary housing only Why shouldn't … [Continue reading] about What is VA in mortgage?
Well, you know there are closing costs on VA loans, but what if you can't or can't close those costs? The most common way to close these funds is by paying seller-paid closing costs and VA sales concessions. Remember, the seller is NOT required to … [Continue reading] about VA Mortgage