Benefits | Veterans Home Mortgage

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VA Purchase

Qualified veterans and active duty military can obtain a loan of up to $417,000, or $625,500 in high-cost areas, with no money down. VA home loans offer no out-of-pocket costs - the costs in acquiring VA home loans can be rolled into the total loan cost so no cash is required.

Getting Ready VA Loan

One of the most important matters to understand is that the VA Loan Approval process is 100% dependant on documentation. Make sure yor transaction is trouble free, by having all your required papers prior to you initial loan application.

Credit Qualifying for VA loan

After you submit an application for a loan or credit, lenders will get access to your credit information to find out about your credit history. Regrettably, this credit report stays with us for life so any mismanagement of credit when you were young may affect you many years after you have sorted out your finances. Reasons why your credit score may be bad contains mistakes or missing loan payments, checks bouncing, and late payments on your credit cards and other bills.

Benefits

Written by Administrator

Saturday, 23 February 2008

Compensation and Pension Benefits Page

New 2007-2008 rates for Compensation and Pension benefits are now available.

“A Summary of VA Benefits” - PDF document. A concise outline of VA benefits in pamphlet form. If you do not have Adobe Acrobat software installed, you may Download free viewer and reader software to view the document.

A new Pension Benefits Home Page

DISCHARGE DOCUMENTS (DD-214) NOW AVAILABLE ONLINE!
The National Personnel Records Center (NPRC) has provided the following website for veterans or their next of kin to gain access to their DD-214 online: http://vetrecs.archives.gov/.

A new Survivor Benefits Home Page

An Operations Enduring & Iraqi Freedom web page is now available.

DoD implements Combat Related Special Compensation for Certain Military Retirees. Visit the Combat-Related Special Compensation (CRSC) Web Site for more information.

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