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VA Mortgage Leader's Advice

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  • 5 Contributions
  • 0 Best Answers
  • 3 Helpful

VA Mortgage Leader wrote:

VA Loan with deposit

Answer
The VA Loan is currently and previously has always been the best loan option. Even if you have 20% down there are so many benefits of a VA Loan compared to other loan programs. For example, if you were to refinance at a later time you can Streamline Refinance your VA Loan so quickly and easily where with other programs you will have many more qualifications making it more difficult.You can use your VA Home Loan Benefit multiple times so that should not be a concern of yours. Using it later to purchase a property for a child is not an option since you can only use it to purchase a Primary Residence. [promotion removed by Zillow moderator]
May 08 2012
(1)

how do i get out of a mortage that costs me more than the house is worth at todays prices

Answer
Perhaps you would consider renting out the property. Many homeowners are able to charge enough rent to cover the monthly payment. Prices are likely going to continue down and be depressed for years to come with the economy where its at.
July 20 2011
(0)

FHA loan refinancing with FHA streamline worth it ???

Answer
If you will be in your home/mortgage long enough to recoup the costs then it is definitely worth it. A streamline refinance is so easy, much easier then when you qualified for the home.
June 23 2011
(1)

how do I find out value of my property

Response
If you have a VA Loan and you're looking to refinance you don't have to get an appraisal. One of the many benefits of a VA Loan, they make it much easier to refinance your loan to simply lower your interest rate.
June 23 2011
(0)
VA Home Loan Refinance With NO Appraisal
Refinancing a VA Home Loan according to VA Guidelines. No appraisal required, even if you owe more then your home is worth you may refinance your VA Home Loan. This is just one of the benefits of taking advantage of a VA Loan.
June 23 2011
(1)