Learning Center
Can a Reservist Get a VA Loan?
The VA loan program provides helpful and unique benefits for active service members, veterans, and their families. But, can a Reservist Get a VA Loan? As long as they meet specific requirements, Reservists and National …
What is the VA Loan Origination Fee?
Before borrowing for your mortgage, it’s important to understand origination fees. Choosing a lender to fund your VA home purchase loan or cash out refinance is a major decision that will impact how much money you will have to pay at closing…
How Much is the VA Funding Fee?
Through the VA home loan, veterans, service members, and their spouses are eligible for a variety of useful benefits. What keeps the VA home loan and its benefits continuing year after year are the payments made from the VA funding fee….
VA Home Loans for Disabled Veterans?
Understanding VA loans and the great benefits they offer disabled veterans is a hard subject matter to tackle alone. Seeing whether you qualify to waive the VA funding fee, how your disability compensation helps your income…
Can I get a VA Loan if I Don’t have a job
VA lenders have to consider your sources of income when applying for a VA loan. Having a job can be a big plus as a loan applicant for a VA mortgage but it isn’t required. The VA home loan program allows lenders to look at…
Can A Surviving Spouse Get A VA Loan
We are often asked, can a surviving spouse get a VA loan. The answer is yes. This is because the department of veterans affairs allows the extension of the VA home loan benefit to surviving military spouses. The VA home loan…
3 Myths About VA Loans And Bad Credit
Some may argue the so-called “ups” and “downs” of VA loans. But, As a Veteran or active military member looking to purchase a home, VA loans are of huge benefit so at HomePromise we want to clear up some myths. Fact is…
Why And How To Refinance Your Mortgage
When you refinance your mortgage it replaces your current mortgage loan with a new one. People refinance for many reasons. Some people refinance their mortgage to reduce the interest rate and save money, reduce their…
How To Get A VA Loan With A 580 Credit Score
The VA home loan benefit makes owning a home possible for Veterans, active service members and surviving spouses. Unlike conventional loans, The Department of Veterans Affairs doesn’t require a specific credit score…