What is the Assumption Gap?
What is the VA Loan Assumption Gap? Avoid a common pitfall of assuming a VA Loan by avoiding a large assumption gap.
Who Qualifies for Assumable Loans?
Are you wondering who qualifies for assumable VA loans? In this video, we decode the mystery surrounding assumable loans and provide you with the essential facts you need to know. Learn all about the eligibility criteria, application process, and benefits of assumable VA loans. Don’t miss out on this valuable information!
Can I Do an IRRRL Right Now? (Streamlined Refinance)
With the recent talk of interest rates taking a dip, will I be able to take advantage of lower rates and refinance? If we can lower your rate by at least half a percent, the VA will allow us to do an IRRRL.
VA Refinance Opportunities NOW (Today VA IRRRLs)
Purchase a home in early to mid 2023 with high rates on a VA loan? Now is your time to check if you’re eligible for a VA streamlined refinance (IRRRL). While the VA requires at 210 days from your first payment date to do a VA IRRRL, it is still worthwhile to find out if you can lock lower rates in advance.
Are Interest Rates Dropping?
Lately it seems like interest rates have been significantly rising. Good news: right now, it looks like we may have interest rates dropping soon.
An Update to County Loan Limits in 2024
County loan limits have been updated to $766,550. In some high cost of living areas, this has been increased even higher up to $1,149,000.
What is a VA Cash-Out Refinance? (And Should You Do It?)
What is a VA Loan cash-out refinance? Here is how it works, whether you should use it, and how it’s different from a VA IRRRL.
Can National Guard Use the VA Loan?
A lot of national guard members might assume that they can’t use a VA loan since they aren’t considered veterans or active duty, but if you meet the minimum requirements, it is certainly possible to utilize the VA loan.
VA Bonus Entitlement
What is VA bonus entitlement? Does that mean that the VA is giving me a bonus?
VA bonus entitlement isn’t exactly a cash bonus, but it allows you to extend your mortgage past a typical loan amount.
If you have full eligibility with a VA loan, you have access to VA bonus entitlement.
How Does War Affect Interest Rates?
During times of conflict, mortgage rates tend to drop temporarily. Long-term, mortgage rates become a lot more volatile due to uncertainty caused by the war.
