What Percentage Should My VA Loan Down Payment Be?
When using a VA loan, do I need to put any money down? Better yet, should I put any money down?
Can I Buy a Second Home with the VA Loan?
Can I buy a second home with the VA Loan? Unlike conventional loans, you cannot use a VA loan to purchase a vacation home or an investment property unless you intend on it being your primary residence for at least a year. You are, however, allowed to keep your existing loans even after purchasing a new property. Just know it may limit your VA entitlement.
Is There a VA Administration Fee?
If you’re looking to buy a home with a VA loan and you’ve ever heard the term “VA Administration Fee” we can help you clear up the confusion.
Can You Use a VA Loan for Rental Properties?
Can you use a VA loan to buy a rental property? Yes and no – let’s dive in.
What Drives Home Prices?
Home prices are heavily driven by supply and demand. While it’s commonly thought that interest rates affect home prices, that’s not necessarily the case. Let’s discuss in more detail.
VA Loan House Hacking
House hacking with a VA loan? How doable is it? And what should you consider before diving in?
Can you Qualify Income with a Military Job Letter?
Can you use a job letter to close on a home before actually starting the job? Yes, but there are a few requirements.
Pre-Qualification vs Pre-Approval
What is the difference between pre-qualification and pre-approval? Pre-qualification tends to refer to what you tell a lender and pre-approval tends to refer to what you give them.
How Much Should My Mortgage Be?
How much should your mortgage be, based on your debt and income? It really depends on your personal financial situation. You may be qualified to a mortgage that has a payment that is 40%+ of your income, but that doesn’t always mean you can actually afford it. What you can afford should based on your true holistic budget for you and your family.
How to Build Wealth with the VA Loan
Building wealth with the VA loan can be done a few different ways. One way is to house hack. However, with a family that can get a little more complicated. Another option is buying a duplex, triplex or quad and essentially doing the same thing.
