VA loans are often touted as limitless, borrow-as-much-as-you-want financing tools for active and veteran members of the military. But, like most things that sound too good to be true, it’s not quite ...

VA loans and FHA loans both aim to make homeownership more accessible, but they serve different groups and have distinct rules. VA loans, backed by the Department of Veterans Affairs, are available to ...

On January 3, Fannie Mae updated its mortgage loan underwriting system, Desktop Underwriter (DU), to support changes made to FHA and VA loan limits. The update will take place during the weekend of ...

Buying a home can be a long, stressful, and expensive undertaking, but home buyers may be able to expedite this process while minimizing stress and keeping out-of-pocket costs manageable by choosing ...

A home loan through the U.S. Department of Veterans Affairs, called a VA loan, can be a great way to get a low-cost mortgage if you qualify as a military service member, veteran or their surviving ...

There’s no higher honor than serving in the United States Military, which I deeply understand as a former Army sergeant. And, like many of my fellow service members, I’ve experienced firsthand the ...

As home prices across California and the nation continue to rise, Fannie Mae and Freddie Mac have increased their caps for high-balance loan limits. In Southern California, those loan limits are going ...

Rocket Mortgage says it’s raising its limit on conforming loans backed by Fannie Mae and Freddie Mac. This increase comes ahead of the Federal Housing Finance Agency’s (FHFA) late November ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Are you considering a VA ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...