We’ve covered VA loans extensively here at The Military Wallet. They offer eligible veterans and active military personnel incredible benefits in purchasing or refinancing a home. But are there times when a VA loan may not be the best option? There are, so it’s time to take a close look at VA loan alternatives. Best […]

One of the main reasons veterans choose VA loans to purchase a home is because of the zero down payment requirement. But did you know that VA loans aren’t the only loan program that provides 100% financing? If you live in a rural area and qualify as a low- to moderate-income household, you may qualify […]

Nearly any mortgage lender will tell you a VA loan is one of the very best deals in the industry. Some would even say it’s the best. But despite all its benefits – no down payment, relaxed credit guidelines, and less restrictive income requirements – there are disadvantages of a VA loan. There are only […]

If you’re a veteran or active-duty military, VA home loans are one of the best mortgage financing deals available. But did you know the VA also offers rehab loans, enabling you to purchase a “handyman special” at a lower price and convert it into the property of your dreams? The addition of VA rehab loans […]

Most military service personnel already know about VA loans. Backed by the federal Department of Veterans Affairs, these loans help vets and current military members buy safe and affordable houses. But VA loans aren’t the only way Uncle Sam can help you buy a house of your own. The Federal Housing Administration subsidizes loans for […]

In the mortgage universe, there are three primary types of loans – VA loans, conventional loans, and FHA loans. But what are the differences between the three types? As basic home financing, VA, conventional and FHA mortgages serve the same basic purpose. But there are enough differences between the three to make them each entirely […]