The VA loan program was created as part of the original Servicemen’s Readjustment Act, passed by the U.S. Congress in 1944 for service men and women returning home from World War II. Like the GI bill, it was designed to help returning veterans make up for the time they’d lost and to thank them for [...]
It’s easy to think post-military life might be harder---and more expensive. Without government-paid housing, food allowances and other benefits to support you, how will you get by? Can you even qualify for a mortgage, let alone pay for one month after month? Though it might surprise you, you’ll likely have an easier time getting---and paying [...]
Over the past five years, housing prices in the U.S. have been rising about twice as fast as the historical average—mostly due to low inventory. So, it’s only natural that many (but not all) of the 2018 VA home loan limits and FHA loan limits are also higher than last year. The new rates—effective January [...]
Most veterans and military service members know VA loans are out there – and that they can help them buy a home more easily and, in most cases, more affordably. But when it comes down to the nitty-gritty details of these mortgage options? Things get a little murkier. In honor of Veterans Day this Saturday, we’re taking a closer look at VA loans – and what veterans should know about using them.