No Money Down OR – WA – CA

Archive for July, 2009

VA Guaranteed Home Loans are different than any other type of loan in one very interesting way. To get a VA guaranteed loan, you have to be a veteran (and spouse) or an active duty military (and spouse) or the surviving (un-remarried) spouse of a veteran. What that means is that a couple that are not married and only one of them is a veteran, VA loan benefits are nearly not available. Read More

This is third in a short series of questions and answers about VA Loans. VA Loans are one of the very few methods for a home buyer to purchase a new home with no down payment. In my first post, I discussed getting a certificate of eligibility (COE).  Here is a question that comes up now and again having to do with VA Guaranteed Loans, “I have already obtained one VA loan. Can I get another?” Read More

There are a lot of questions about VA Guaranteed Loans in the Eugene/Springfield Oregon area and this is my second installment to answer some of those questions. Today, I am going to discuss the VA Funding Fee. A Veteran that makes use of a VA loan will pay a funding fee unless they are exempt from the collection of said fee by having a 10% or greater service connected disability. Read More

In my series of questions and answers about VA Guaranteed Home Loans, I guess it is time to explain exactly what a VA Guaranteed Home Loan is and how they differ from other methods of financing in Eugene/Springfield Oregon. Read More

I have been asked how to receive a VA Certificate of Eligibility (VA Form 1880). So, I thought I would just make a short and sweet answer, since VA Guaranteed Loans are an exceptional way for veterans to purchase a new home. It is very easy to get the certificate, but there is no real reason to get it until you are ready to start looking for a home since the lender you are working with will need a new one. Read More