The VA Loan program is a fantastic and flexible option for those who have served in the military. There is a common question that comes up every so often from potential borrowers. They want to know if they can use the VA loan for home repairs. The answer is actually yes, but it involves using […]
Minimum Property Requirements and the VA Loan
There has been some talk in the past, even very recently, that the Department of Veterans Affairs might waive its minimum property requirements. However, even if they do wave some things there are still certain requirements that cannot be waived because they directly affect the health and safety of those who live in the home. If […]
VA Appraisal Guidelines and Reconsideration of Value
When a potential VA loan applicant is in the position to buy a home they usually get a contract sales price and then a VA assigned appraiser looks over the property to assess the value of the home. Sometimes the VA assigned appraiser’s value of the home does not reflect the sales price. Because the amount […]
