“The officer said, ‘You drinking?’ I said, ‘You buying?’ We just laughed and laughed.... It’s Friday morning and I need bail money.” No one ever struck it rich by keeping their money in a savings ...

To get a VA home loan, you must be a service member, veteran or qualifying surviving spouse with a Certificate of Eligibility. VA home loans have no down payment requirements but only apply for ...

Mortgage underwriters are the fact-checkers of the home loan approval process, ensuring that the financial picture you portrayed in your application and the documentation you provided are accurate.

On January 3, Fannie Mae updated its mortgage loan underwriting system, Desktop Underwriter (DU), to support changes made to FHA and VA loan limits. The update will take place during the weekend of ...

The U.S. Department of Veterans Affairs (VA) recently proposed rules to modify the requirements for the reporting of VA guaranteed mortgage loans, and the rules regarding when the VA would assert a ...

When you apply for a mortgage loan, you’re asking to borrow money from a lender. Lenders use the mortgage underwriting process to assess how risky it is to provide you with that loan. In the same way ...

If you're a service member or veteran exploring homeownership, the VA loan is an excellent tool. VA home loans typically have no down payment or private mortgage insurance (PMI) requirement, and you ...

VA loans and FHA loans both aim to make homeownership more accessible, but they serve different groups and have distinct rules. VA loans, backed by the Department of Veterans Affairs, are available to ...

Chairman Van Orden and Ranking Member Pappas, and distinguished Members of the Subcommittee, thank you for the opportunity to testify today. The VA Loan Program: Managing Mortgage Risk and Policy ...