Or believe that VA loans are hard. They’re literally the easiest loans on the planet to close and close quickly especially with decent credit and decent income for the area you’re buying in.

VA loans do have an upfront payment, usually 2% - you can roll it into your loan but that also raises your monthly payment.

Feb 9, 2024 · The VA doesn’t originate the loan and therefore has nothing to do with the rate. Your lender dictates the rate. Most lenders offer lower rates since the loan is guaranteed. I used a …

May 6, 2022 · VA loans typically have better rates than conventional loans, but this could differ by location One of the cons about a VA loan that your lender may or may not mention, is that the VA will …

The VA wants you to do $0 down but it’s a trap. Unfortunately people don’t see that or aren’t in a position to save for a DP so they settle. One more thing to understand with VA loans is that they …

VA Loan Fee: You pay a VA loan funding fee (which you can build into your loan). If you use the VA loan a second time someday in the future, the fee is a little higher. Stigma of a VA Loan: You are at a …

You can have multiple VA loans, but you now hit second tier entitlement. This means you can own $726,200 of combined homes in a normal county and $1,149,825 in high cost of living counties.

Really VA loans are unlikely to cause a problem if you have an good loan officer and realtor. They are completely doable and you kind of HAVE to accept VA loans in military heavy cities.

Apr 11, 2022 · So I have a few questions What is the limit on the amount of times you can use a VA home loan? What is the limit on the amount you can get approved for? Does it depend on your credit …

Nov 7, 2021 · VA definitely mandates a cap at 1 percent for the origination fee, from all of the documents/literature I've been reading. I am looking at two quotes, where the origination fee (the …