Anyone can assume a VA mortgage – as long as their income and credit qualify – but children of veterans can’t get VA loans themselves.
If you’re a disabled veteran, you may be aware of the many benefits that you qualify for through the Department of Veterans Affairs. However, many veterans are unaware of the fact that they may qualify for reduced mortgages and property taxes as a result of their disability. But in order to qualify for these benefits, you need to show your VA Benefits Award Letter.
VA loans are becoming more and more popular in the veteran community, but some people still aren’t sure if this mortgage option is right for them. Recently, Quicken Loans did a VA loan Q&A Google Hangout with Military.com, the VA and others to inform viewers about VA loans and answer audience questions. Here is a run down of the portion of the hangout that covered the pros and cons of VA Loans.
When it comes to VA loans, there are a few different fees that must be paid by the seller, and individual lenders may have additional guidelines on top of those from the government. Check out this recap of our VA Loan Google hangout for more information.
Yesterday, two cool things happened regarding Quicken Loans and veterans/the military. First, in commemoration of Veterans Day, QL threw all military veteran team members a really nice lunch. Great food (soup, salad, sandwiches, homemade chips, etc.).