Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

Could someone please explain a Va. loan

Author Message
Icon Mini Profile patfrank





Joined: 21 Apr 2009

Posts: 4

2.09 Dollars($)
Post Posted: Tue Apr 21, 2009 10:59 pm    Post subject: Could someone please explain a Va. loan
Like 0
Dislike 0

my husband has a va loan for 135,000.00. What price range should I be looking for. We plan to put $20,000.00 down.
Icon Mini Profile savior70





Joined: 25 Mar 2009

Posts: 1895
Location: Florida
261.84 Dollars($)
Post Posted: Wed Apr 22, 2009 4:24 am    Post subject:
Like 0
Dislike 0

Hi

Could you explain the situation in a bit detail?
Icon Mini Profile jerry
jerry
Moderator



Joined: 17 Oct 2005



Posts: 2617
Location: MICHIGAN
415.55 Dollars($)
Post Posted: Mon Apr 27, 2009 6:15 am    Post subject:
Like 0
Dislike 0

Hi patfrank,

VA loans are available to those who had served on active duty in the armed forces and were discharged on conditions other than dishonourable. These loans are very popular because they do not require any down payment and offers very low interest rates.

You have mentioned that your husband already has a VA loan. So, are you looking for another VA loan to purchase a new house? What is his credit score and the debt to income ratio?

Thanks,

Jerry
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.068 seconds.