Archive for the ‘VA Cash Out Refinance’ Category

Down Payment Assistance programs, like AmeriDream and Nehemiah, were done away with in August, although there is a movement that is trying to reinstate them. There was a lot of interest in what was going to be available for people that didn’t have money for a down payment at that time. The best 100% loan to value program, or no money down program, to my mind, is a VA loan for those that qualify. Here is what I wrote then:

There is quite a bit of concern regarding the elimination of the Down Payment Assistance programs and almost all other 100% purchase programs, so I want to spend a bit of time highlighting another 100% loan program. To my mind, this is the best 100% loan program, the VA loan. Read More

It is nearly Valentine’s Day, and I know there are people feeling the pinch of a sluggish economy. While waiting for the “stimulus” package from the government, maybe now is the righ time to buy. VA real estate loans are an exceptional way to purchase a home at 100% loan to value but they can also be a salvation on a refinance because they also allow refinance at 100% loan to value, even manufactured homes on land. As a veteran, and a VA Home Loan participant in Eugene and Springfield, Oregon, I believe one of the greatest things the country has done for veterans, is the VA Guaranteed Loan Program. Read More