A refinance from an FHA home loan into a VA home loan is a great way to drop FHA monthly mortgage insurance, at least for those Veterans who are eligible. The monthly mortgage insurance on an FHA loan can really add on to your mortgage payment. And for FHA loans with case numbers pulled after […]
Category: Blog
How to Restore Your VA Eligibility
Many Veterans don’t realize that it is possible to restore VA eligibility for a home loan. The VA home loan is not just for first time home buyers and is not a one time use program. However, there are guidelines that effect a Veterans ability to have more than one VA loan at a time. […]
Why Refinance a CalVet Loan into a VA Home Loan?
Why would someone want to refinance a CalVet home loan into a standard VA home loan? Well, there are a few reasons, the first being that it’s not possible to refinance CalVet to CalVet, since state and federal laws prevent the CalVet program from being anything other than a purchase program. But what happens when […]
Approval for VA Home Loan After a Short Sale
Getting a VA home loan after a short sale is fairly easy since VA does not require a wait period after the closing of the short sale. VA home loan underwriting guidelines tend to be more flexible than any other type of financing when it comes to prior derogatory credit. Of course, it is important […]
The VA Home Loan for California Veterans
The VA home loan program is an excellent program for California Veterans. California, which has one of the highest populations of Veterans in the country, also has some of the highest property values in the country. And this is one of the reasons why the VA program has been such a great benefit. ***This article […]
What is a Jumbo VA Loan?
Jumbo VA loans have become a commonly used mortgage product in Orange County, CA in 2018. But what exactly is a “Jumbo VA loan”? Well, the actual loan amount for what is considered Jumbo varies from county to county. First we need to discuss what a standard VA loan is. *Updated to reflect 2018 VA […]
VA Loan Limits Increase in California through end 2012
Finally, some good news was recently announced as the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012 was been signed into law. This ACT has led to an increase in the VA Zero Down limits in the higher priced counties of California. Effective for any VA loan closing on August 6, 2012 […]
Find California Homes Eligible for VA Financing
Finding homes eligible for VA financing in California is easy. Singles family detached homes are easily financed with a VA loan. VA financing even works for 2, 3, and 4 units properties, and of course VA allows for 100% financing. Where it can get tricky is when a VA borrower is interested in finding a […]
Can I get a VA Loan After a Bankruptcy in California?
If you’re wondering whether or not you can get a VA loan in California after a recent bankruptcy, you’re not alone. With the recent economic recession just barely behind us, many veterans and military personnel are now in the position of looking for a new mortgage after having gone through a bankruptcy. Some of the […]
Getting a VA Loan after a Foreclosure in California
Many California veterans today wonder whether or not they can get a VA loan if they have recently been through a foreclosure. Fortunately, the VA qualifying guidelines do allow for veterans and military personnel to qualify for a VA loan after a foreclosure, but with some restrictions. VA guidelines after a foreclosure are actually more […]