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Can someone help me figure out VA home loans? I am at Square One in the whole home-buying arena so I have no knowledge. I am stationed overseas with 15 months left before I go back to the states. I want to buy a 2 bed-room in Austin Texas (average home $190,000). I am active duty Army and can use the VA home loan. My credit is poor , but I have little debt besides student loans (I paid off my old credit debt). I know this is kind of vague but can someone give me a good place to start doing research and places that give good tips for first-time home buyers?

Anyone with experience with VA home loans? Do you have to have a down payment? Please give me any information you have dealing with VA home loans or suggestions, advice, experiences.

Do you know anything about VA home loans? Seven years ago, a family member bought a condo with a VA home loan. The mortgage company sold the account to Fleet who stopped sending bills or coupons for payments. Essentially, they screwed my family member and after two late payments (it took 18 days to process because there was no payment coupon included) they started foreclosure procedures. Really bad company to do business with. She had no choice but to file bankruptcy. They forclosed on her in less then two months and the condo sat vacant for over a year and a half. No one helped her and the mortgage company even hung up on me when I called them. Can she qualify for a VA home loan again?

VA Home loans, are they a pain in the rear? I qualify for a VA loan, and it sounds like a good deal, but I am hearing it takes forever to close, and they won't ok a home that needs even slight repairs. Has anyone had experience with this? How long does it really take you from contract to closing?

Va home loans and ok credit? We are looking to buy our first home and he is active duty. We are trying to go the route of doing a va loan, but seem to be coming up short in the credit score dept. Does anyone know of any lenders who will work with you on this?

Can someone who is approved for a VA home loan, get the house for her son to live in? My mother in law qualifies for the VA home loan, through her late husband who was in Vietnam and died from something he contracted from the war. Agent orange? I think? I'm not sure. Anyway. She wants to use this VA loan to get me and my husband a house. Can she do this if she isn't planning on living there? Also, is the VA home loan based on her income?

VA home loans. Help very confused? My husband seperated for the military in 07. This is the first time we are buying a home. We found one we really wanted. And I called the bank to schdule a date to see if we are approved. We have great credit. And she said that that bank only does State VA loans and we should call the county and see which one we qualify for. I don't know the county number. Where can i find that? Also what is the difference between state and Federal VA loans. And does anyone know the interest percent on VA loans. Someone told me that regular loans are better and save you money in the long run. Is this true? Also I heard that with a VA loan you don't have to put any money down but you have to pay some sort of Fee. I really want this house and I don't know how to find all this info. And i want to make sure i am chosing the right type of loan. Any one please help. Any Info on va loans would be awesome. Thanks

minimum length of va home loans? is there a minimum time that you must keep a home when using a va loan

What are the payments and interest like on VA home loans? What if you are disabled?

Do VA home loans provide some leverage? I currently rent an apartment for $930 a month and I'm tired of just giving my money away. I want to buy a home. Unfortunately, my credit is a bit damaged and I am pretty sure a lending company may look at me with some doubt. However, I just checked with the VA office and they sent me a Certificate of Eligibility showing that I do qualify for a VA home loan. My question is, does having this type of backing help ease the minds of potential lenders, or is the VA loan a completely different entity? I should also note that I've priced many townhomes and condo's that would be a significantly lower monthly payment. Thanks.

Does the VA give home loans without having a job? I want to get a house before I get out so I don't have to rent an apartment, but I can't get approved for a regular home loan because the banks can tell I'm getting out, and I can't get a job until I get to my new location. I don't want to get stuck in a 6-month rental contract over this crap.

What are the steps to buying a home via a va home loan? We're a military family, and I believe eligible for a VA home loan. We have about 30K in credit card debt, but are hoping to pay it off before applying for the loan. Just wanted some info on what to expect.

how does the VA home loan work for veterans? could someone tell me what this is? I am a veteran and im looking to buy a house. what is the VA home loan and how can I use it?

How does a VA home loan work? Is it true there is no down payment required? I have been out of the military for ten years now, but was told that I would qualify for a VA loan. How do you apply? How you find out if you are qualified? Is it really true there is no down payment required? What are the interest rates? Any information anyone can provide me would be great.

Can I get a VA home loan for property outside of the United States? I want to buy a home in London, will the VA home loan cover the UK? Or can I only use it within the USA?

Does anyone know if VA Home loans recourse or non recourse loans?

When can I apply for VA Home Loan? I got out of the military 4 months ago (honorable discharge), but Im a few years from buying my first house, but I know that I need a certificate of eligibility for the VA loan. Should this be only done when Im ready to buy a home? Or can I apply for eligibility even though Im about 5-6 years away from being able to buy a home? How long does the certificate last?

VA home loan: Property has had to be in the market for 90 days? To buy a bankowned property, does the house have to be in the market for 90 days for a VA home loan?

I have a va home loan certificate for the amount of 30,000. Does the certificate serve as a down payment? I am looking to purchase a home, and i am unclear about the certificate i recieved from the Veterans office. Is the certificate for a down payment. How do i go about using the certificate. And what is the max on a VA home loan

What kind of credit score do you have to have to get a VA home loan? I am in the Maine Corps and I would like to buy a house and a was wondering what credit score you have to have to get approved for VA home loan and how long it might take.... all help would be appreciated. THANKS!!!

what is the best way to use my VA home loan certificate? My husband is a veteran of the US ARMY. He is just ended his caree with the armed forces after 10 yrs so that we can have a family. We have a question about our VA home loan certificate. Does anyone in the realestate market know the best way to use this certificate. It is for what I believe $36.000 "not to exceed 144.000" what does that mean? I dont understand how it works really. we really never accpected that we would need to use this certificate. any suggestions would greatly be apreciated. we thank you.. Mr&Mrs. Kyle P. Walker

Can you combine a VA home loan and state/local first time home buyer grants? Does anyone know if you can get a VA home loan as your mortgage and then apply for and use federal/state/local first time home buyer grant money for the down payment? I know there are a lot of first time home buyer programs out there, but which ones can you combine with a VA home loan?

If i filed bankruptcy this year, is there any possibility of getting a home loan or using my va home loan? I heard that I must wait 3 years after filing bankruptcy to use my va home loan or buy a house.

Anyone familiar with VA home loans? I am a seller & have someone wanting to buy my house. They are going thru the VA for financing. I understand their rules are a little different from conventional loans. I really want to see this couple get my house but I can find very little info on requirements & such. Has anyone had any experience with this type of loan. Particularly the inspection & appraisal requirements. Thanks

Looking for qualified representative concerning VA home loans in S.FL? any ideas to find qualified person?? It seems that my spouse (100% service-connected disabled veteran) and I can not find the answers we need to acquire VA home loan. We have been told credit issues may play havoc. We have been told VA home loans are guaranteed through the VA system/government; so what is the deal in obtaining a loan? We have been told by many, that my spouse qualifies. We do not want something outrageous; just a comfortable home near the local VAMC. We understand that no matter how your credit is; every vet gets the same rate. We are under contract with someone who claims to be an expert on VA home loans but has told us that we have to repair the credit issue. If we had the money, we would not have issues with credit. The credit issue was developed by a medical situation and can be proven. I do know there are creative mortgage officers/brokers that can make this work; where is a qualified person that can get that can assist us? Yes, I know if I didn't need money, there would be plenty. thank you to all those that are assisting... it is greatly appreciated.

does anyone know if they do credit checks for va loans? my husband has been in the marines for 8 yrs.he gets out next year.we want to buy a house.does anyone know if they do credit checks for va home loans?

Where is the best bank to get a VA home loan?? My wife and I are planning on buying our first house and we were wondering if anybody has any suggestions on the best bank to go through using a VA loan. Our credit isnt bad but it isnt great either. Just wondering if anyone has had any experience with buying a house with a VA. loan and what kind of credit score do they normally look for.

Who do I contact for help with VA home loan? We have a VA home loan and want to buy a house but have been told our credit is'nt good enough. We have a guaranteed loan and we have the income to buy. We want to buy in Pearland, Texas. PLEASE SOMEBODY HELP.

would i save money if i paid my VA home loan back faster? I have a 120K VA loan, can i increase the payment and save money?

do you have to put a down payment down with the VA home loan ? what are the advantages of the va home loan and the disadvantages. like interest rates ? even with the new changes in the housing market even with the new changes in the housing market even with the new changes in the housing market are veterans required to put down 20% like everyone else

VA home loans vs. other mortgages? How is a VA loan different than an FHA loan, in terms of interest rates and how the property is appraised? Do they have the same standards, or is one more lenient than another? Which one would be the best bet for a mortgage? Thanks in advance.

if you have a VA Home loan, can you rent your home out? US Service Man, being moved cant sell my home, I have heard because its a VA Loan, I can't rent it out, anyone know if thats true, can anyone post a link for me that talks about it. Thanks..:)

VA home loans? I am a disabled vet and on low funds with multiple sclerosis. how can I get help getting my home? I live in a trailer but always wanted a house

Is a VA home loan a good idea? My husband and I have very good credit and are preparing to buy our first home. I know there are a lot of great incentives right now, especially for first timers. We are both veterans and can do a VA loan if we want. Which would be to our advantage? Thanks!

va home loans and bad credit? if someone with good credit is applying for a home loan do they get denied the loan if their spouse has bad credit. does the spouse have to be on the loan

how do you apply for a VA home loan? my husband is a vet how do we find out if we qualify for a home loan from the va . what are the rules , how much do you need as a down payment.

How do I find proof of payoff on a VA home loan? My parents paid off their home some time ago, but lost their deed. How can I obtain proof that they own their home?

what is the minimum credit score for a FHA loan or a VA home loan ? in other words what is the lowest credit score you can have to buy a home ?

How difficult is it to get a VA home Loan...? I recently just got back on my feet financially after being out of work as an engineer, and I damaged my credit as a result of being out of work so long. I am know back on my feet. Does the govt actually give me any sort of benefit going thru the VA versus 'normal' routes? Thanks!

VA Home loans in CALIFORNIA...? Does anyone know the current limit on what you can borrow for a home? And any experience using one? Thanks!

I do qualify for a VA home loan, is it possible to get approved for a higher loan amount? I have done those "mortgage calculators" , most of them say I can afford between 140,000 and 165,000...however the house Im looking at is 180,000. I was just wondering if it could be possible since it is a guaranteed loan to be approved for more....thanks!

My VA home Loan appraiser is requiring me to replace septic system and connect to city disposal. This legal? The house appraised at value but they do not want to approve me the loan until it is connected. I will lose out on the deal. I never heard of this. I am in Florida

How do I find out how large of a VA home loan I will qualify for. What is this amount based off of? Is credit at all a consideration? How long does it take to get a certificate of eligibility?

where can i get a VA home loan in california? whats the interest rate for one? how much does it cover?

What are my chances of VA Home Loan approval? Single-income family, 55k/year income, ZERO debt, but 589 Credit Score. We breezed through pre-qualification, and we have submitted all preliminary paperwork along with copies of pay stubs, bank statements, etc. Once we submitted our paperwork, they actually qualified us for about 20K more than our initial pre-qualification. Our contact at the mortgage company said that everything looks good and is going ahead of schedule. We are at the stage of having the VA Appraisal completed, and were told by the appraiser that everything looks good there too. Since we have gotten this far, can I relax somewhat about the approval? I know it's not over till it's over, but we are in a holding pattern for another week or so while the appraiser prepares his report, and I want someone to tell me if it's ok to stop worrying! The appraisal was completed Friday, and the appraiser himself told the agent there it all looked great. The house is only 3 years old. The structural and pest inspections were done on Thursday, with no major problems.

How does the VA Home Loan work? So all you basically get is a 0 down to start? Do you get a lower interest rate? I don't get the part that 25% of the loan is covered?

What is the average interest rate for a VA home loan? And does anyone know how they calculate how much you are eligible for?

How does a VA home loan work?

Have anyone ever applied for the VA home loan? What are the prerequisites? How much are you allowed to have? Is it different for each state?

Has anyone taken out a VA home loan? What would be my max if I have poor credit? What would be my max loan amount if I have poor credit? Im in the military by the way (army) gettin out of a 3yr enlistment. Possibly getting a meb board discharge..

Is it easy to obtain a VA home loan?

I am wondering about what down payment is needed for a VA home loan? I am also curious about out of pocket expenses,when purchasing a home?

if i sell my home for less than I owe with a va home loan will the va write off the remainder? Specifically if you would have to eventually foreclose if you did not sell the house. disclaimer- I am not in this situation. I am trying to find info to help my buddy.

How Do I Qualify For A VA Home Loan? Of course I know that you had to have served in the Armed Forces but are there any other requirements that you would need in order to qualify?

Is there a way to use a VA Approaved Home Loan to buy a place that needs repairs? I am using VA Approved Loan, 100% financing, in San Diego Ca. I want to purchase a place that is a good deal but has had the drywall removed and needs the repairs done, which I will be doing myself. Is this a possibility and if so how?