VA-HomeLoans.Org

If you could save $100 (or more) per month by refinancing your home at a lower interest rate, have no out of pocket expense, minimal documentation on your end as a borrower and close your loan in less than 30 days would you take advantage of the opportunity. I guess what I'm asking is if I came to your home and knocked on your door on the 1st of every month and handed you a $100 bill with no strings attached would you turn me away? Of course not...

Call today to see how you can take advantage of the stremlined process of a VA IRRRL. 856-297-8044 / John Kralle, VA Financing Specialist

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FHA allows a seller to contribute up to 6% of the sales price towards the buyers closing costs. That's as of the date of the blog as this too is subject to change and there has been debate over this fee for the past 18 months or so. VA on the other hand allows 4%.. There are many "pros and cons" depending on whcich side of the fence you sit on. My question is with conventional allowing anywhere from 3-6% as a sellers assist based on the loan scenario and FHA being at 6% is VA behind the curve or are they right on target?  And why??

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Given the VA loan is one of the only loans out there is today's credit market with 100% financing with no mortgage insurance. (Next to USDA financing with geographical limitations). Are you asking your prospective client is they are US Veterans in order to maximize their potential buying power and to see if a VA loan is the best fit for their situation?

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