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Service members or veterans considering building a dream home have an additional funding opportunity. A Veterans Affairs (VA) construction loan has some of the same benefits as VA mortgages but allows ...
Q: I’m a retired veteran looking to purchase my first home. A friend of mine recommended a VA loan, but I’m not sure if it’s right for me. What are some VA loan pros and cons I need to consider? A: ...
Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
Money’s Main Takeaways VA loans are one of the main benefits the federal government offers to retired and active-duty members of the military Borrowers can qualify for a VA-guaranteed loan with a ...
When it comes to mortgages, having multiple options can put you in a better borrowing position. If you can qualify for both a VA and conventional loan, you may not know which mortgage provides the ...
A VA construction loan could be a viable option if you’re an active-duty service member or veteran looking to build a single-family home. VA construction loans generally don’t require a down payment ...
FHA loans are accessible to any eligible borrower, whereas VA loans are specifically for active-duty military members, veterans, and their surviving spouses. Federal Housing Administration (FHA) and ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. VA home loans are among ...
If you have an existing VA loan, you can refinance it to get a better interest rate, change your loan term or tap into your home equity. To qualify for a VA mortgage refinance, you'll need to meet ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Do you want to renovate ...