Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in the form of tax returns, w-2, retirement income, and reported self-employed income. There are alternatives to… Continue reading Residential lending standards 80% better than 2008
Tag: Veterans
Different Types of VA Loan Products
Did you know that there is more than one type of VA loan product? Many borrowers don’t. VA loans come in many different shapes and sizes, and there could be one that is perfect for your home purchase. Let’s run through what you need to know.
5 Things Veterans Don’t Know About VA Home Loans
The US VA loan was established at the end of World War II in an effort to support returning veterans in purchasing a home and building a life after serving their country. A VA loan is a mortgage product made available to current and retired service members as well as their surviving spouses through the US Department of Veteran Affairs.