Understand the Utah VA loan requirements and what affects eligibility for a VA mortgage. Requirements set forth by the VA and VA lenders are discussed.
VA mortgage loans allow you to refinance your home to take advantage of lower interest rates that can ultimately save you sizable sums of money in both the long-run and the short-run by lowering your monthly payment.
Taking out a VA mortgage loan on a new home purchase is a fantastic way to finance a property with a low interest rate, with little to no required downpayment.
With VA mortgage loans, you are allowed to take out a loan on either the purchase of an existing home or for the construction of a new home.
A VA compromise sale is designed to help veterans who have a VA mortgage and need to sell their home, but would end up taking a loss in the process.