Veterans Mortgage of America is a VA Approved Lender | NMLS ID 3117

Top cities for veterans after discharge

Top cities for veterans after discharge

A veteran is a person who served in the active military, naval, or air service, and who was discharged or released therefrom under conditions other than dishonorable as discussed in United States Code 38. Once a veteran is discharged, he or she will transition into civilian life. For some the change is easy, while others […]

Foreclosure inventory drops to pre-recession levels

Foreclosure inventory dropped in June to pre-recession levels, according to data from CoreLogic. CoreLogic is a global property information, analytics and data-enabled solutions provider. The national foreclosure inventory for June included about 375,000 homes. This accounts for approximately 1 percent of all homes with a mortgage. It is a decrease from 1.3 percent in June 2015. This marks the […]

VA Basics: VA Appraisal process

A VA appraisal is part of the VA home loan process and an evaluation of a home to be bought using the loan. An appraisal is not optional and may have a big impact on the buying process. USAVA will order the VA appraisal for the prospective buyer and an appraiser will be selected random […]

VA Basics: COE Explained

In order to take advantage of the many benefits of a VA  home loan, eligibility must be proven by the applicant(s). Applying for a Certificate of Eligibility (COE) is not necessary to start the VA loan process but it is always a good idea to start the application process as soon as possible. The COE ensures […]