Your home is a very important part of your life and as your home ages, repairs and upgrades become inevitable. The VA renovation home loan provides a convenient way for borrowers to make renovations, repairs or improvements which total up to 25% of the “as-completed” appraised value of the property with a first mortgage, rather than a second mortgage, HELOC or other more costly financing methods. (more…)
Approximately 18% of all mortgages are made to veterans through the VA loan program. VA mortgages generally have more guidelines than traditional mortgages and these guidelines can become quite cumbersome, especially for appraisers. (more…)
(Source: VA) Washington, D.C. — The Department of Veterans Affairs (VA) has announced the availability of funds for supportive services grants under the Supportive Services for Veteran Families (SSVF) Program. Applications for supportive services grants under the SSVF Program must be received by the SSVF Program Office by 4:00 p.m. Eastern Time on Feb. 5, 2016.