Category: Blog
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 […]
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 is using. In a survey done by […]
What is the Debt to Income Ratio on a California VA Loan?
The Debt-to-Income ratio is an important factor used when qualifying for a VA loan in California. But what is the Debt-To-Income ratio and how is it calculated? The Debt-To-Income ratio, or DTI, is one of the factors lenders use to determine whether a borrower can afford their total payments, including the new housing payment, when […]
Are Homes in Southern California too Expensive?
Housing affordability in southern California has been a problem for quite some time now. California Veterans have an advantage of other home buyers since the VA loan program does not require a down payment. The high home appreciation rates in southern California can be attributed to several reasons: less housing inventory for sale, high demand […]
How a California Veteran Can Qualify for a VA Loan
The VA Home Loan Program is designed to help California veterans who served honorably, and their surviving spouses, buy homes as they start to lay down roots here in California. The VA loan program does not require a down payment or mortgage insurance and offers interest rates that are usually below market. Best of all, there […]
10 Benefits of the VA loan program for California Veterans
Refinance Your CalVet Loan; 3 Options
CalVet Loan to a VA Loan The CalVet home loan program is a great way for a Veteran in California to buy a home. However, the VA loan program beats out the CalVet loan program in a lot of ways. A California Veteran looking to buy a home using their VA entitlement should look at […]
Destroying 3 Myths about the VA Loan Program in California
There are many myths about the VA loan in California. Here, we discuss three of those myths and tell why they are not true.
California VA Cashout Refinance in 2020
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 guidelines that must be met for a California Veteran […]