To be eligible for a VA home loan, borrowers must have a stable and reliable source of income that is sufficient to cover the costs of the loan. This income can come from a variety of sources, including employment, self-employment, retirement income, disability income, and social security. In general, lenders will want to see that…
There are two VA hospitals in Idaho: 1. Boise VA Medical Center: Located at 500 W Fort St, Boise, ID 83702, this is the largest VA hospital in Idaho. It provides a wide range of medical services to veterans, including primary care, mental health care, and specialty care. This facility is considered by many to…
The VA Lenders Handbook is a manual that provides guidance and information to lenders who participate in the VA home loan program. The handbook is published by the U.S. Department of Veterans Affairs (VA) and is designed to help lenders understand the rules and requirements for making VA home loans. The handbook covers a wide…
The requirements for a VA home loan are designed to ensure that the loan is used to help eligible military service members, veterans, and their families to purchase, refinance, or improve a home. The specific requirements for a VA home loan may vary depending on the lender and the type of loan being sought, but…
The interest rates for VA jumbo loans, which are loans that exceed the conforming loan limit set by Fannie Mae and Freddie Mac, may vary depending on a variety of factors. Some of the factors that may impact VA jumbo loan rates include the size of the loan, the borrower’s credit score, the loan-to-value ratio,…
The specific VA refinance rates that a borrower may be offered can vary depending on several factors, including the borrower’s credit score, debt-to-income ratio, and the current market conditions. VA refinance rates are very competitive with other types of mortgage loans, borrowers can expect to get a rate that is typically lower than conventional loans.…