home loan

Veterans Affairs Loans by the Numbers

Some Highlights:

  • Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership.
  • So far in 2017, $188 billion has been loaned to veterans and their families through the program.
  • VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.

Extended Rate Locks

  • Protects qualified borrowers from the possibility of rising rates
  • Helps lock down pipeline and ensure that sales contracts are not adversely affected by rising rates
  • Homebuyers can lock their rate for up to 360 days**
  • Homebuyer can exercise a one-time float down within 60 days of closing and revisit product selection at that time***
  • Eligible Products:
  • [...]

Boomerang Buyers: Most Qualify for Financing in 2-3 Years

According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years.

This is in stark contrast to the belief that many have that they need to wait 7-10 years for their bankruptcies to clear from their credit reports before attempting [...]