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

U.S. Air Force: Fly-Fight-Win

U.S. Air Force: Fly-Fight-Win

  The U.S. Air Force (USAF) is the aerial warfare service branch of the United States Armed Forces and one of the seven American uniformed services. Initially, it was part of the United States Army but was formed as a separate branch of the military on 18 September 1947 after President Harry S. Truman signed […]

U.S. Army: history and service requirements

The U.S. Army originated from The Continental Army  on 14 June 1775. The Continental Congress created it as a unified army for the colonies to fight Great Britain. George Washington was appointed as its commander. After the war,  the Continental Army was separated due to distrust of standing armies. However, because of continuing conflict with Native Americans, leaders realized that it was necessary to […]

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 […]