The VA IRRRL isn’t just another weird acronym created by the Veterans Administration that’s designed to confuse you. It’s actually a very useful loan program that is sort of an offshoot of the very popular VA Home Loan Program. VA Loans have helped more than 25 million veterans and active duty armed forces personnel since it began, and it helped 1.2 million heroes in 2020 alone.
Category: Military and Veterans
First Time VA Home Buyer? Here’s What You Want to Know
For first time VA home buyers, the journey to homeownership has some unique advantages. The VA Loan, a standout government program, offers significant benefits over nearly all other mortgage loans available, and eligibility extends to active-duty military, veterans, and surviving spouses.
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Military Discounts | List of Military Specials, Deals and Veteran Discounts
There are so many military discounts available to active duty service members and veterans, it can boggle the mind. At first glance, you might think every business offers some kind of discount for military heroes, but that’s not the case. We have tried to build a comprehensive list of the best military deals. Is this the ultimate list? We will let you decide.
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Military Home Loans | VA Home Loan and Other Military Mortgage Options
Military home loans are essentially programs designed to help military personnel find and afford new homes. They can help you at many stages of the home ownership journey, and all of them are designed to say “thank you” to active military professionals, veterans and their families. Parades and national holidays are great, but helping you find a great home within your budget is an acknowledgement of your sacrifices that can make a significant difference in your life.
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VA Loan Closing Costs | What to Expect at Closing
VA loan closing costs are a little different than average closing costs using a conventional mortgage because there are rules about what VA borrowers can and can’t pay. Consequently, the VA closing costs are not as straightforward as you might imagine, and you’re going to need some skilled negotiators on your side to complete the process. Fortunately, Homes for Heroes can provide you with a team of negotiators to help you work through your VA loan closing day.
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VA Loan for Reserves
The VA home loan program has been around for decades, but the VA loan for reserves is a recent development. A lot of reservists don’t even know they are eligible for the benefit. As a reservist, you should learn more about your VA benefits, and if you are in the market to buy a house, the VA loan system is something you will definitely want to take advantage of.
VA Funding Fee Chart | What is the Cost and Potential Exemptions
The VA funding fee is part of the process of getting a VA loan. Here we provide a VA funding fee chart so if you are in the process of trying to get one of these loan guarantees, you will have a good idea of what you may need to pay. There are some exemptions – service members and veterans who don’t have to pay the fee – and different rates apply depending on the type of loan. As you make your calculations for your VA loan to purchase a home, or refinance your mortgage, include this fee in your list of expenses.
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VA Refinance Loan | Overview of How to Refinance VA Mortgage
The VA refinance loan comes in two varieties, and each one has distinct advantages. They are each designed for active-duty service members and veterans, and they meet very different needs. If you have been in your home for awhile and want to improve your financial circumstances, VA refinancing may be a very good option. If you thought the VA Loan Program was just about purchasing homes, think again.
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Broken Arrow Blue Star Mothers Receives $10,000 Grant from Homes for Heroes Foundation
Broken Arrow Blue Star Mothers support deployed soldiers, and each other, while assisting veteran’s organizations and homeland volunteer efforts. The Broken Arrow chapter is in Oklahoma, and it’s part of a nation-wide Blue Star Mothers organization. The Homes for Heroes Foundation gave a $10,000 grant to the organization to help it fulfill its mission. This Homes for Heroes Foundation grant is part of the Homes for Heroes’ Circle of Giving, providing assistance for heroes in dire need across the country.
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Military Appreciation | Thank You Veterans, Active Duty and Reserve
Showing our military appreciation all year long is a great way to say thank you Veterans, Active Duty and Reserve for your service and sacrifice. Each of the six branches of the U.S. Military plays an important role in our country’s history and there are many ways you can show your appreciation for military service members and their contributions. Here we offer our gratitude, provide you with a comprehensive list of military holidays and observances, and 14 ways to show your military appreciation and offer your support any time of year. Plus, we offer a glimpse into all that Homes for Heroes is doing to support our nation’s military community by saving them money on their home and mortgage transactions, and awarding grants to assist homeless veterans in need.
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