OUR BLOGS
VA Construction Loan Lender
By: In House Contributor Published on: 29/11/2024VA construction loans help eligible veterans finance the construction of a new home. They cover land, building costs, and require VA approval. Often require a single close and may have zero down payment.
Closing Cost Grants For Veterans
Closing cost grants for veterans help cover home-buying fees like appraisal, title, and lender costs. Offered by nonprofits and government programs, these grants reduce out-of-pocket expenses.
How To Calculate Residual Income For VA Loans
By: In House Contributor Published on: 15/11/2024To calculate residual income for VA loans, subtract monthly debts (housing, taxes, insurance, loans) from gross income. This ensures enough leftover funds for family needs, based on VA standards.
How Many VA Loans Can You Have?
You can have multiple VA loans if you have remaining entitlement, allowing you to use your VA loan benefit more than once, even simultaneously, depending on loan limits and lender approval.
We got your six!
Mortgage Heroes has been helping Active Military and Veterans for more than 15+ years. This page is made to help all military families get the answers they are looking for when it comes to housing. Whether its questions about using your VA or new listings in SD, Mortgage Heroes are here to support just as each military member has supported this country!
Navigation
Get In Touch
873 Anchorage Place
Chula Vista, California 91914
NMLS# 325149
See NMLS consumer access page
© Copyright 2024 Mortgage Heroes. All rights reserved
Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.
A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at
www.sml.texas.gov