Do you use VA Loan Guide?
What is VA Loan Guide?
Since the VA guarantees the lender the top 25 percent of the loan, no mortgage insurance is required. Most conventional loans require a borrower to put down at least 20 percent of the purchase price or pay mortgage insurance.
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VA Construction Loan
Building a custom home is the dream of many Veterans, however many Veterans are wrongly informed that lenders do not offer a VA construction option.
VA Loan Guide
Since the VA guarantees the lender the top 25 percent of the loan, no mortgage insurance is required. Most conventional loans require a borrower to put down at least 20 percent of the purchase price or pay mortgage insurance.
