Tag: Veterans

Posted on 05/05/2024
Property tax exemption & more: Tax tips for veterans with disabilities
Home ownership comes with plenty of expenses beyond a mortgage. If you're a veteran with disabilities, you may be able to avoid some common costs of owning a home, including paying property taxes. Here is a guide to some of the ways veterans with disabilities can save on their home ownership tax expenses: Property tax exemption Property taxes...
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Posted on 05/28/2023
Homeowners insurance requirements for veterans: What you should know
While VA loans come with numerous benefits, they share many of the same requirements as conventional loans. For veterans seeking a VA loan to purchase a home, it's often required to purchase a homeowners insurance policy. Here is the basic info about homeowners insurance requirements: Is homeowners insurance required for a VA loan? Just like most conventional mortgages,...
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Posted on 02/19/2023
Homeowners insurance: 4 ways for veterans to save
The U.S. Department of Veterans Affairs offers multiple financing options for veterans who want to buy a home. However, the VA does not offer homeowners insurance. During your home buying process, you'll also need to get homeowners insurance to protect your property. Here are some ways veterans can save on homeowners insurance: Shop around There are countless insurance...
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Posted on 01/29/2023
Assuming a VA Loan: Pros & Cons to Consider
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
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Posted on 05/29/2022
Comparing VA & Conventional Loans: What First-Time Homebuyers Should Know
You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...
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Posted on 09/06/2020
Am I Eligible for a VA Loan?
Image by Ally Thomas from Pixabay A VA loan can be the key to getting some of the most attractive terms possible on a home loan. Not only are lenders more forgiving on the minimum down payment requirements, but you may also be exempt from paying Private Mortgage Insurance until you've built up enough equity in the home....
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