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For a VA rehab loan specifically, your contractor needs to finish the repair work within 120 days of closing of the loan. As noted, you can only use a VA renovation loan to finance non-cosmetic ...
VA home loan pros and cons. For those who are eligible, VA loans have many benefits, but they also have drawbacks to consider. Pros of a VA loan. No down payment: VA loans allow you to purchase a ...
Pros and cons of a VA loan VA home loans can make homeownership more accessible. They are more flexible and offer 100 percent financing and other enticing perks.
Post-9/11 GI Bill; Other short titles: Post-9/11 Veterans Educational Assistance Act of 2008, Supplemental Appropriations Act of 2008: Long title: An Act making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2008, and for other purposes
A VA cash-out refinance is a type of mortgage guaranteed by the VA that essentially swaps your current mortgage with a new, larger loan that allows borrowers to take the extra amount out as ready ...
While FHA loans require a down payment of at least 3.5 percent of the purchase price, VA loans will let you borrow the money without contributing any money from your savings – making these much ...