Eligible veterans, active-duty personnel and surviving spouses looking for a home can use a VA loan for financing. These ...

It’s not that the VA loan is more difficult to qualify compared to other types of home loans, that’s certainly not the case. Yet it is partly due to the veteran providing certain documentation ...

Your loan officer will encourage you to complete a loan application even though you haven’t even started shopping for a home. In addition, your loan officer will ask you to provide certain ...

It’s typically 2.15% of the loan amount for first-time VA loan users (or 1.5% and 1.25% with a 5% or 10% down payment, respectively). You can pay it at closing or roll into the loan.

However, if you’ve bought a home with a VA loan before, keep in mind that the VA funding fee can be as high as 3.3% of the loan amount if you put less than 5% down on the loan.