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Yes by a qualifying Veteran.
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∙ 14y ago
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Does the VA guarantee their mortgage loans?
Yes, a VA mortgage loan is guaranteed. A VA loan is a mortgage loan guaranteed by the US Department of Veterans Affairs.
What are the benefits of a va refinance option?
"There are many VA refinance options. You may refinance your VA mortgage for a lower rate, you may cash out, or you may refinance your current mortgage to a VA mortgage if you qualify for one."
Where might one find VA mortgage rates?
The VA provides many services to military veterans. The best place to find the most accurate and up-to-date mortgage rates is the VA Mortgage Center. Quicken is also very accurate, and may provide the current mortgage rates.
Who offers the cheapest mortgage rates in Richmond VA?
The cheapest mortgage rates in Richmond, VA are offered by Aimloan NMLS, First Financial Services, Roundpoint Mortgage and Home Loans Today, which is the most recommended.
What are the going rates if I want to refinance my va mortgage loan?
The rates to refinance a va mortgage loan varies. It depends on the mortgage company and the individual obtaining the mortgage. The rates for refinancing vary depending on a variety of factors. Your should talk to your mortgage company or a financial consultant to help in this endeavor.
What happens to the first mortgage if the second mortgage is in foreclosure?
nothing...it remains a lien on the property and a debt which is assumed by the successful bidder at the auction of the 2nd mortgage
What is the definition of a VA mortgage loan?
The definition of a VA mortgage loan is a loan that is guaranteed by the Veterans Administration. The purpose of this loan is to assist veterans and their families in obtaining home financing.
Is VA Mortgage Center legitimate?
Yes! www.vamortgagecenter.com check them out. They are also members of the BBB You can also try out http://www.vamortgage.com VA Mortgage, which is a division of First Mariner Bank.
I want to do a VA refinance on wife's fha mortgage in my name only but you I not on the deed or the original fha mortgage Lender says this isn't a refi Will it work if I am added to the Deed?
you can refi the mortgage without your wife. you do not have to ad yourself to the deed you can be placed on ded at the day of closing. VA will consider this a VA cashout mortgage, and will only go to 90% of the loan to value. Your name can be added at closing
Is buying a property that is subject to a mortgage legal?
The bank must be notified of the sale and it is up to the bank whether the mortgage can be assumed by the buyer.
What if a bank approved an increase in your home equity line of credit that was not within their guidelines can you be forgiven for money used?
Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.
Is the VA Funding Fee considered Mortgage Insurance for tax purposes?
no,
