Tim Lucas

Tim Lucas spent 11 years in the mortgage industry before joining Full Beaker to head up its mortgage websites. He's helped thousands of families buy and refinance real estate at banks and mortgage companies, and now continues that mission as Managing Editor of The Mortgage Reports. Tim has been featured in national publications such as Time, U.S. News and World Report, MSN, Scotsman Guide, and more.


Articles by Tim Lucas


VA Appraisal Checklist & Guidelines 2021

VA Appraisal Checklist & Guidelines 2021

Posted on: July 21, 2021

Whether you’re looking to buy a home with a VA loan or refinance through the VA, you’re going to have to use a VA appraisal. An appraisal is when lenders […]


VA Home Loan Credit Score | Requirements 2021

VA Home Loan Credit Score | Requirements 2021

Posted on: July 21, 2021

In addition to providing your current financial information and checking your VA eligibility, you’ll need to prove that you have a decent enough credit score to qualify for a VA […]


VA Construction Loan | Requirements & Process 2021

VA Construction Loan | Requirements & Process 2021

Posted on: July 21, 2021

You may have heard VA construction loans are rare, and it’s true these loans aren’t common. But, VA construction loans do exist and qualified borrowers can apply their VA entitlement […]


How To Find Out If Your Condo Is VA Approved | 2021

How To Find Out If Your Condo Is VA Approved | 2021

Posted on: July 21, 2021

For any veteran of the Armed Forces, National Guard, or the Reserves granted a VA homeowner’s loan, a common question can arise: “Can I use the loan to purchase a […]


Guide To Prepping For A PCS

Guide To Prepping For A PCS

Posted on: July 12, 2021

So, you got Permanent Change of Station (PCS) orders. You’re not alone. Nearly 700,000 service members get transferred to new assignments each and every year. The name may seem ironic. […]


Military Home Loans for Service Members & Veterans | 2021

Military Home Loans for Service Members & Veterans | 2021

Posted on: July 9, 2021

You’ve served your country, and as a token of appreciation, there is a home loan for active-duty service members and Veterans. Military home loans are also known as VA home loans, […]


VA Loan Myths

VA Loan Myths

Posted on: July 8, 2021

Because of their complexity relative to other loan programs, VA loans are the subject of plenty of misconceptions. If you were to take these myths at face value without doing […]


VA Mobile Home Loans: Can I Buy a Manufactured Home with a VA Loan?

VA Mobile Home Loans: Can I Buy a Manufactured Home with a VA Loan?

Posted on: July 7, 2021

The short answer is yes. Financing manufactured or modular homes (a.k.a. mobile homes; we’ll use the terms interchangeably) is in fact allowed under VA mortgage guidelines – these are known […]


How To Calculate VA Residual Income | 2021 Charts

How To Calculate VA Residual Income | 2021 Charts

Posted on: June 18, 2021

If you plan to buy a home with a VA home loan, you’ll want to know about VA residual income and how this calculation can help you. Click Here To Skip To […]


Buying a Foreclosure With a VA Home Loan

Buying a Foreclosure With a VA Home Loan

Posted on: May 18, 2021

According to recent statistics, the average discount nationwide on a foreclosed home is 32.6%*. That means someone buying a foreclosure can potentially pay only 67.4% of the open market price […]