What Is The VA ‘Mandatory Escape Clause’?

What is the VA mandatory escape clause

What Is The VA ‘Mandatory Escape Clause’?

Posted on: June 28, 2023

There are plenty of reasons active-duty service members and veterans prefer to use VA loans. With the benefit of the VA guaranty, home buyers are able to get a home […]


What is a good debt-to-income ratio for a VA loan?

What is a good debt-to-income ratio for a VA loan?

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Your debt-to-income ratio plays a big role in the VA loan process. It will determine whether you qualify, the size of the loan you can get, and the amount of […]


How To Choose Your Mortgage Points and Rate

Can You Buy Points on a VA Loan? How to Lower Your Rate

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What are VA loan points, and should I buy them? These are important questions for homebuyers because they affect upfront and long-term borrowing costs. Whether you should buy points depends […]


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Qualifying for a Mortgage With Military Income | BAH, BAS, S&I

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Active-duty military personnel receive various types pay above their regular pay during their military career such as allowances and special and incentive (S&I) pay. Your extra pay depends on what […]


Picking between a VA or FHA loan

VA vs. FHA: Which government product is best?

Posted on: November 4, 2022

There are plenty of different home loan products that home buyers can choose from, with popular products including FHA and VA loans. The Federal Housing Administration (FHA) and the Department […]


VA refinance: HARP alternative

VA Streamline and Cash-Out Refinances: Perfect HARP Alternatives

Posted on: November 1, 2022

Since the introduction of the Home Affordable Refinance Program, or HARP in 2009, Congress has tried to address the negative equity many home owners have. HARP and later HARP 2.0 […]


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Why Is My Mortgage Lender Raising My VA Home Loan Payments?

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Often we get questions from Veterans who need answers about their VA home loan. Here’s a question from Robert M., a visitor to our Facebook page: Q: Dear Military VA Loan: […]


VA Mobile Home Loans- Can I Buy a Manufactured Home with a VA Loan

VA Minimum Property Requirements (MPRs)

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If you plan to buy a home with a VA home loan, you should know about VA’s minimum property requirements, or MPRs. MPRs are the minimum standards that the home […]


VA Loans: What’s the difference between interest rate and APR?

What’s the difference between interest rate and APR?

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APR vs interest rate: What’s the difference? An interest rate tells you how much interest you’ll pay each year, while an APR captures the full cost of borrowing, including closing […]


Apply for a VA loan

How to Apply for a VA Loan

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Mortgages can be difficult to understand. They’re fairly complex, mostly because they’re used for very large purchases. However, if you’re new to mortgages or VA loans, then the process might […]