What Are VA Business Loans (Part Two): VPOT And Other Info
If you are a vet who has acquired a VA business loan to open up your own new venture, you may like the idea of contacting and networking with other veterans as a means to building up or expanding your business enterprises. The Veterans Business Outreach Program, known as VPOT, is a great resource that [...]
What Are VA Business Loans (Part One): Eligibility
Like other types of VA loans, VA business loans are available through the Department of Veterans Affairs since this organization does not act as a lender. Instead, the business loan is available through a cooperative agreement between the SBA and the provisions of the Veterans Entrepreneur and Small Business Development Act of 1999. If a [...]
Do You Know What The Lender Appraisal Processing Program Offers
The Veterans Administration has provided the means for many veterans to obtain faster processing times for loans. Yet, if the difference between traditional loan and VA loan processing was not wide enough, the creation of an even swifter appraisal process to approve veterans for a home loan. This new system is called the Lender Appraisal [...]
A Few Reasons Why VA Loans Can Be Better Than Standard Loans
One of the major advantages of a VA loan over a traditional loan is its application process. Rather than the large volume of paperwork and certification you have to go through in order to qualify with regular loans, a VA loan can be so simple. Let’s look at the process.
First, you will need to contact [...]