Finance/Money

VA Loan Occupancy Rules for Those Deployed

The VA occupancy guidelines state that military borrowers must certify that they will occupy the property within 60 days of closing. Many military families may pass up the opportunity to take advantage of the zero-down, no PMI home loan benefits because their VA-eligible borrower is serving overseas and can’t meet the occupancy requirement. However, someContinue Reading “VA Loan Occupancy Rules for Those Deployed”

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Military Spouses and VA loans

Perhaps one of the most important roles in the VA loan program is played by military spouses. Spouses are allowed many privileges that simply aren’t extended to others.   A spouse, whether a military member or not, can co-sign on VA loan.  With a joint VA loan application, a spouse’s credit and income can be usedContinue Reading “Military Spouses and VA loans”