Bruce Reichstein's (brucereichstein) Blog

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ARCHIVED BLOG POSTS

2013 

VA home loan applications, like all home loans, require the borrower to list the amount of income he or she has. That amount is compared to the amount of debt/financial obligation and the lender must determine whether to approve or deny the VA loan in part based on this calculation. A borrower wh...
01/07/2013
In recent months we’ve discussed VA loan eligibility rules in a variety of different circumstances. Here’s one type of VA loan eligibility question that came up recently-a reader asks; “My daughter is a military dependent, her father was killed while on active duty in 2010. We never had a chance ...
01/06/2013
A reader asks, “How many points must a person in the Reserves have to qualify for a VA home loan?” We recently addressed the eligibility issue in a blog post titled VA Loan Eligibility Rules For Reservists and the National Guard but this reader question addresses a slightly different angle on the...
01/03/2013
With plenty of headlines about recovering housing markets, rising equity and other factors, some borrowers are more willing now to explore other options besides simply purchasing an existing home, duplex or condo with a VA loan. Some VA loan applicants want to have a home built for them; accordin...
01/02/2013
VA loan rules have certain requirements in a variety of areas, including how the buyer and seller may interact in some ways when it’s time to make a deal on the home to be purchased with a VA guaranteed home loan. When the buyer and seller negotiate the sale of a home, sometimes the seller may be...
01/01/2013
One common type of question we get in the comments section involves the fees associated with VA home loans. For example, “How much are the fees for a VA loan for a loan of (insert dollar amount here)?” The only trouble with answering a question like this is that there is no single dollar amount t...
01/01/2013
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Happy New Year! We look forward to answering many questions about VA home loans, refinancing and related topics in 2013. But we’d also like to thank American’s men and women in uniform who could not be home to celebrate the new year with friends and family. There are thousands of service members ...
12/31/2012
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