7 Steps to Buying California Home with VA Loan
There are 7 steps to buying a California home with a VA loan. These easy steps will provide a map for making the home buying and VA financing process easy and stress-free. The VA loan is a unique home financing program that allows for $0 down payment. There are things that your real estate professionals […]
California Veterans use VA Loan Program Multiple Times
Why Use the VA Loan Program? Not many California Veterans realize they can use their VA Entitlement to purchase a home more than one time. There is no limit to how many times the VA loan program can be used for a home purchase. And while many California Veterans think of the VA loan program […]
Two Types of VA Refinancing in California
There is more than one type of VA refinance program available for California Veterans. While the most common type of VA refinance program is the VA Interest Rate Reduction Reduction Refinance, or VA IRRRL, the VA cashout refinance is also very a very popular VA refinance program. What is a VA IRRRL? A VA Interest Rate Reduction Refinance, […]
Use VA Loan Program Multiple Times in California
Not many California Veterans realize they can use their VA Entitlement to purchase a home more than once. There is no limit to how many times the VA loan program can be used for a home purchase. While many California Veterans think of the VA loan program as a “First Time Buyer” program, it has many advantages over […]
Is an Escrow Account Required on a VA Loan in California?
99.9% of VA lenders require an impound/escrow account for property taxes and insurance to be part of a VA loan. But it’s not something that VA requires. It’s just a lender requirement. Here’s the good news: You can get a VA loan and not have an impound/escrow account. But why is that a good thing […]
Buying a home in California with a VA Loan
Buying a home in California with a VA loan is far easier now than before 2024. Looking back to the early 90’s, retrieving a VA Certificate of Eligibility took weeks. Everything about VA financing was very “manual”. Now, in 2024, everything is Automated. Or I should probably say that 90% of the loan process is […]
VA Loans Help California Heroes
CalVet vs VA Loan : What is the Difference?
What is the difference between the CalVet home loan program and a standard VA loan? Is one program better for California Veterans? Is it easier to qualify for VA or CalVet? These are all common questions from Veterans living in California. Many Veterans are not familiar with the CalVet program, but those that are sometimes automatically assume […]
VA Loan Closing Costs in California: What to Expect
VA Loan Closing Costs in California: What to Expect Veterans are sometimes caught off guard when they learn about the closing costs associated with a home purchase. While it is true that VA does not require a down payment, closing costs are still a thing when buying a home no matter what type of loan the buyer […]
California VA Cashout Refinance in 2020
California VA cash out refinances in 2020 are a little different that they were at the beginning of 2019. As the result of a Circular issued by VA in 2019, and then a Memorandum issued by Ginnie Mae on August 1, 2019, there are restrictions in the underwriting guidelines that must be met for a California Veteran […]