VA Loans

  Transcript Why are sellers afraid of VA loans? Well, the short answer is, in the past, that properties sometimes don’t reach spec. So they have an extra level of security, which is a turbine inspection and some structural items.…

  Transcript what disqualifies you from using a VA loan? The main thing will be trying to buy a non-owner occupied property, so it has to be a primary residence, has to be owner occupied for you to use your…

  Transcript How long does it take to close on a house with a VA loan? Here at Texas Home Loans, we did it under two weeks. So that is faster than most lenders, but we’re much more organized, much…

  Transcript Does the credit score affect the VA loan rate? Absolutely. You can get a VA loan down to 580 in the case of our company or even lower with some other companies, but the rates, there is a…

Transcript How often is a VA loan denied that depends on your credit, your death income ratio and your loan size to make sure that you can carry that what’s called a residual residual income analysis by the VA. But…

Transcript Do veterans have to pay back VA loans? Yes, this works like any other mortgage. You pay that in equal installments over 30 years. It’s a 30 year fixed or over 15 years if it’s a 15 year fixed.

Transcript Can a family member use my VA loan? The family member that can use your VA loan is a person who is occupying that property as your primary residence or in the case of a spouse if something would…

Transcript What is a 42, 000 VA housing benefit? That’s a benefit calculated to give to a veteran or active service member. The benefit of purchasing a home with zero down payment. What that does is that translates into as…