Download or read book To Assist Veterans to Borrow Funds for the Acquisition of Homes written by United States. Congress. Senate. Committee on Labor and Public Welfare and published by . This book was released on 1949 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book To Assist Veterans To Borrow Funds for the Acquisition of Homes written by United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Veterans' Affairs and published by . This book was released on 1949 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers (81) S. 616.
Download or read book To Assist Veterans To Borrow Funds for the Acquisition of Homes written by and published by . This book was released on 1949 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers (81) S. 616.
Download or read book Housing Programs written by United States. General Accounting Office and published by . This book was released on 1989 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Va Housing written by Libby Perl and published by Createspace Independent Pub. This book was released on 2013-02-12 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Veterans Affairs (VA) has assisted veterans with homeownership since 1944, when Congress enacted the loan guaranty program to help veterans returning from World War II purchase homes. The loan guaranty program assists veterans by insuring mortgages made by private lenders, and is available for the purchase or construction of homes as well as to refinance existing loans. The loan guaranty has expanded over the years so that it is available to (1) all veterans who fulfill specific duration of service requirements or who were released from active duty due to service-connected disabilities, (2) members of the reserves who completed at least six years of service, and (3) spouses of veterans who died in action, of service-connected disabilities, or who died while receiving (or were entitled to receive) benefits for certain service-connected disabilities. Under the loan guaranty, the VA agrees to reimburse lenders for a portion of losses if borrowers default. Unlike insurance provided through the Federal Housing Administration (FHA) insurance program, the VA does not insure 100% of the loan, and instead the percentage of the loan that is guaranteed is based on the principal balance of the loan. Veterans who enter into VA-guaranteed loans must pay an up-front fee based on a number of factors that include the type of loan entered into (for example, purchase or refinance), whether service was active duty or in the reserves, whether the loan is the first or subsequent VA loan a borrower has entered into, and the amount of down payment. Borrowers are not required to make a down payment for a VA-guaranteed loan, but the up-front fee is reduced if there is a down payment of 5% or more. Most borrowers (88% in FY2011) do not make a down payment. In addition to guaranteeing loans from private lenders, the VA also makes direct loans to borrowers in certain circumstances. The original VA direct loan, which was targeted to veterans in rural areas, is now available only to veterans or service members with certain service-connected disabilities. Another direct loan program, originally enacted as a demonstration program in 1992, serves Native American veterans, including veterans living in American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. In addition, the VA may enter into direct loans in cases where a borrower is delinquent or defaults on a VA-guaranteed loan. The VA may either acquire a loan from a lender and continue servicing itself (called “acquired loans”) or, in cases of foreclosure, the VA may purchase the property and resell it. In these cases, the VA may enter into a loan with a purchaser whether he or she is a veteran or not (called “vendee loans”). A third way in which the VA provides housing assistance to both veterans and active duty Service members is through the Specially Adapted Housing (SAH) Program. Through the SAH program, veterans with certain service-connected disabilities may obtain grants from the VA to purchase or remodel homes to fit their needs. The amount of a grant depends on the disability, and in some cases grants can be used to modify the homes of family members with whom veterans or service members are staying. This report discusses these three types of housing assistance—the loan guaranty program, direct loan programs, and Specially Adapted Housing program—their origins, how they operate, and how they are funded. The report also has a section that discusses the default and foreclosure of VA-guaranteed loans.
Download or read book VA Housing Program written by United States. House. Committee on Veterans' Affairs and published by . This book was released on 1964 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers legislation on VA sale of veterans direct loans and VA payment of interest on capital funds transferred from direct loan revolving fund to loan guaranty revolving fund, and considers general review of VA housing programs.
Download or read book Oversight of the Home Loan Guaranty Program written by United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial Affairs and published by . This book was released on 1989 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book VA Housing Program bills H R 6652 and H R 7932 written by United States. Congress. House. Committee on Veterans' Affairs and published by . This book was released on 1964 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers legislation on VA sale of veterans direct loans and VA payment of interest on capital funds transferred from direct loan revolving fund to loan guaranty revolving fund, and considers general review of VA housing programs.
Download or read book Hearings written by United States. Congress Senate and published by . This book was released on 1949 with total page 3102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings written by United States. Congress. Senate. Committee on Labor and Public Welfare and published by . This book was released on 1949 with total page 1670 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Law 100 198 the Veterans Home Loan Program Improvements and Property Rehabilitation Act of 1988 written by United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial Affairs and published by . This book was released on 1988 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GAO Review of the VA Home Loan Program written by United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial Affairs and published by . This book was released on 1987 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making the Most of Your Veterans Affairs VA Home written by David E. Nelson, Jr. and published by Atlantic Publishing Company. This book was released on 2017 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the U.S. Census Bureau there are 18.8 million veterans, but only 4 percent of them have actually used their VA Home Loan benefits. The reasons they are not taking advantage of this opportunity tend to be lack of training, miseducation, and, most importantly, fear. This new book lays out a detailed, step-by-step procedure for veterans to navigate through difficult subject matter in a way that will eliminate any concerns or fears they may have about purchasing a home. The author explains the real estate market for beginners and guides veterans on how to strategically use their VA Home Loan benefits. He uses his real-life experiences as both a veteran and a real estate agent to back up his claims and provides examples. Furthermore, he is able to take a complex process and simplify it for the average veteran. The knowledge, guidance, and recommendations you obtain from the author will allow you to begin your journey to home ownership today.
Download or read book Oversight of Home Loan Guaranty Program written by United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial Affairs and published by . This book was released on 1994 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oversight of VA Home Loan Guaranty Program written by United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial Affairs and published by . This book was released on 1984 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of Veterans Administration Loan Guarantee and Direct Loan Programs written by United States. Congress. House. Veterans' Affairs Committee and published by . This book was released on 1967 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Solvency of the Veterans Administration Home Loan Program written by United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial Affairs and published by . This book was released on 1988 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
