Understanding Housing History Requirements for VA Home Loans Key Takeaways Housing Stability is Crucial:The VA prioritizes borrowers with a stable housing history to ensure
If you’re exploring whether you qualify under this unique situation, we define intermittent occupancy and outline how you can secure approval effectively. Intermittent occupancy occurs when you maintain a primary residence while commuting to another location for work purposes, typically when the commuting distance exceeds one hour.
Did you know that being on VA disability might make you eligible for property tax discounts? Let’s explore how VA disability benefits can help reduce your property tax burden and what steps you need to take to qualify.
Learn about the different types of property tax exemptions available for veterans, how eligibility is determined, and where to find information specific to your state.
Can I buy rental property with a VA home loan? While the standard VA loan is primarily intended for purchasing your primary residence, there are legal strategies to work around this limitation.
an you buy a house with acreage using a VA home loan? The answer is a resounding yes! While the VA itself doesn’t impose limits on acreage, individual lenders often have their own guidelines. We’ll guide you through the ins and outs of securing a VA home loan for properties with land, including potential appraisal issues and specific lender overlays you need to be aware of.
If you’ve been denied for a VA home loan by major lenders like Veterans United or Rocket Mortgage, don’t lose hope. You still have a strong chance of getting approved. The reason? Many big online lenders enforce additional rules known as lender overlays, which go beyond what the VA itself requires.
