Archive for August, 2009

VA Guaranteed Home Loans Help Vets

VA Guaranteed Home Loans are available to veterans with at least three months active, honorable, service or six years of Reserve or National Guard service. They are also available for active duty members under certain circumstances. Read More

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USDA Rural Guaranteed Asset Limits not restrictive

It used to be that if you were applying for a 100% USDA Rural Guaranteed Mortgage, you couldn’t have more than $5,000 left over at closing because the main purpose of the loan was to help people purchase homes in “under” served areas with no money down. That restriction has changed for this USDA no money down program. Read More

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Some VA Guaranteed Home Loans Require Down Payment

VA Guaranteed Loans in Oregon do not require a down payment if the purchase price/loan amount is below $417,000. However, if the purchase price is above that amount, then a down payment is require, which still could be the best way to go for many veterans. The VA Guaranteed Home Loan is, to my thinking, one of the best benefits we have for our veterans. Read More

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