Month: August 2017

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What is Earnest Money?

We get this question frequently from first time home buyers, what is earnest money? Earnest money is an important part of the home buying process. It is a money deposit that shows the sellers you are a committed buyer to the sale. Usually you put a deposit down of 1%-5% of the home purchase price,...


Can I include the closing costs into my VA home loan?

If you are using your VA home loan for a purchase transaction you cannot include the closing costs into the loan. Your options are, the seller is allowed to pay all of the closing costs, up to 4% of the home price. If that is not the case then the veteran has to pay all...


Can I have my spouse on my VA home loan?

The VA home loan is always the best loan for a veteran. On a VA home loan you can have veteran and spouse (legally married) on the loan. Or you can have veteran and veteran on the loan. If you are not married and are looking to purchase a home with someone else you are...