Following up on our last post, we had a number of inquiries about VA mortgages. Here is an in depth explanation.
VA mortgages offer the kind of benefits that would make most lenders wince, which is why the Veterans Administration guarantees the loans in the event the borrower defaults. They have become a viable lending option […]
VA, Veteran Administration Refinancing and Mortgages Explained
January 10th, 2008 · 3 Comments
Tags: Military and Veteran Mortgages · Mortgage Refinancing
Legislation to Help Military Veterans Survive the Subprime Mortgage Crisis
January 9th, 2008 · No Comments
House Committee on Veterans’ Affairs Chairman Bob Filner (D-CA) on December 19, 2007 introduced a pair of bills to address the needs of veterans during the ongoing subprime mortgage market crisis. According to Filner, “The current VA home loan program is irrelevant because fees for the loans are too high and equity requirements are […]
Tags: Military and Veteran Mortgages · Mortgage Legislation