In this episode of theSITREP, Paul sits down with Rick Bettencourt*, a VA-partner in educating Veterans about VA Home Loans, and discusses everything from how to apply, refinancing, credit scores, PCS'ing and much, much more. To find a specific topic that interests you, refer to the chapters below.

Email us at [email protected] with questions and topics you'd like us to cover in future episodes. Sign up for our weekly newsletter at https://www.newengland.va.gov/info

WEBLINKS
Visit https://www.newengland.va.gov/sitrep for additional theSITREP content
Visit https://www.benefits.va.gov/homeloans/ for VA Home Loans information
Visit https://www.benefits.va.gov/HOMELOANS... for Lender Loan Volume Reports

CHAPTERS
00:00:00 Introduction
00:01:07 Demand VA Home Loan Information
00:02:17 What is a VA Home Loan
00:05:00 Where does VA Home Loan money come from
00:07:22 VA Home Loan borrowing limits
00:09:12 Blue Water Navy Act changed VA Home Loans
00:11:15 First-time use VA Home Loan
00:11:16 Subsequent use VA Home Loan
00:12:20 Permanent Change of Station PCS and VA Home Loans
00:14:20 Researching a VA Home Loan lender
00:15:25 VA Home Loan Funding Fees
00:16:16 VA Home Loan rates
00:17:06 VA Home Loan is a story-loan
00:20:59 VA Home Loan and derogatory payments
00:22:00 Some Lenders and Realtors don't like VA Home Loans
00:25:38 Veteran culture and VA Home Loans
00:27:27 How to apply for VA Home Loan
00:29:20 Types of VA Home Loan lenders
00:32:33 Documents needed to apply for VA Home Loan
00:34:02 Active Duty and PCS with VA Home Loan
00:34:32 Certificate of Eligibility for VA Home Loan
00:37:20 Reservist qualifications for VA Home Loan
00:38:21 Why you should get your VA Home Loan COE
00:39:28 Lenders can get your VA Home Loan COE
00:40:56 How long to close a VA Home Loan
00:42:00 VA Home Loan and fixer-upper
00:42:41 Property requirements with VA Home Loans
00:45:01 VA Renovation Home Loan
00:47:09 VA Home Loan deposit required
00:49:20 Make a plan when buying a home with VA Home Loan
00:53:18 Credit score for VA Home Loan
00:55:27 What FICO score is used for VA Home Loan
00:59:26 What types of properties can VA Home Loan be used
01:00:10 Buying multi-family home with VA Home Loan
01:01:59 Buying a condo with VA Home Loan
01:03:49 Condo requirements with VA Home Loan
01:05:32 VA Home Loan outside of the US
01:06:23 Must occupy property within 60 days with VA Home Loan
01:06:50 Max number of VA Home Loans at a time
01:08:20 Entitlement and multiple VA Home Loans
01:10:00 Restoration of VA Home Loan entitlement
01:12:03 Refinancing a VA Home Loan
01:14:13 VA Home Loan cash out refinance option
01:15:57 VA Home Loan refinance funding fee
01:17:15 VA Home Loan funding fee waiver
01:18:38 Service-connection and VA Home Loans
01:20:30 Active Duty funding fees VA Home Loans
01:22:50 Foreclosure and VA Home Loans
01:24:09 Compromised loss with COE
01:24:33 Paying back compromised loss to VA
01:26:42 Waiting periods on foreclosure and bankruptcy with VA Home Loans
01:29:57 Three tips for first time buyer with VA Home Loan
01:32:00 Which credit bureau does VA Home Loan use
01:41:46 Be your own advocate and be accountable
01:44:00 Closing remarks


ADDITIONAL VA INFORMATION
The Department of Veterans Affairs has three, separate administrations aimed to serve our country’s Veterans with an assortment of benefits that address the unique needs of every Veteran. To be sure you are interacting with the proper administration within VA, here are short descriptions for each VA administration:

VHA: VA’s Veterans Health Administration is the largest integrated health care network in the United States, with 1,255 health care facilities serving 9 million enrolled Veterans each year.

VBA: Veterans can earn a range of benefits that help them transition back to civilian life in the country they fought to defend. Through the Veterans Benefits Administration, VA helps servicemembers transition out of military service, and assists with education, home loans, life insurance and much more.

NCA: The job of the National Cemetery Administration is to make sure those who served this nation are never forgotten. NCA provides dignified burial services for Veterans and eligible family members by maintaining 142 cemeteries as national shrines and providing lasting tributes that commemorate their service and sacrifice to our nation.

* The Department of Veterans Affairs does not endorse or officially sanction any entities that may be discussed in this podcast, nor any media, products or services they may provide.

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