Purchasing resources for VA Mortgage


Directory of providers who specialize in loan programs made available to war vetrans.

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VA Loan Man

Offers VA loan guaranteed by the U.S. Department of Veterans Affairs to qualified veterans and other military personnel.

http://www.valoanman.com/
Mortgage Lenders in Virginia

Directory of mortgage lenders in Virginia and Virginia mortgage companies. Find a mortgage lending company in Virginia to help you with your commercial real estate needs.

www.business.com/finance/mortgage-lenders-in-virginia/
401k Plans

Information on 401(k) plans.

www.business.com/finance/401k-plans/
401k Rollover

Business directory to 401k rollover information and advice.

www.business.com/finance/401k-rollover/
403(b) Plans

Resources and services for 403(b) plans.

www.business.com/finance/403b-plans/
Retirement Consultants

Retirement industry advisers and consultants.

www.business.com/finance/retirement-consultants/
Retirement Plans

Companies that provide retirement plan benefits, including 401k plans and pensions. Get information on corporate retirement plans, or how to offer retirement benefits for employees.

www.business.com/finance/retirement-plans/
401k

401(k) plans allow employees to save for their retirement by contributing a portion of their wages to an individual account. Employers can also contribute to 401(k) plans in the form of employee benefits; be sure your 401(k) vendor can manage your employees’ investments wisely.

www.business.com/finance/401k/
401(k) Plans Key Terms

Source: /guides/401-k-plans-key-terms-33062/

Learning about 401(k) plans key terms is a good place to start if you're considering starting up a retirement fund for your employees. From automatic enrollment to matching, after-tax and pre-tax contributions, 401(k) plans have several terms you may want to know before beginning one of these programs. More»

401(k) Plans Industry Overview

Source: /guides/401-k-plans-industry-overview-21253/

The 401k plan grew from a little known tax code loophole--which is where the 401k name came from--to the most common way workers invest for their retirement. This industry possesses trillions of dollars in allocated 401k retirement plan contributions. More»

VA Mortgage Providers


If you qualify for a VA mortgage, this can be a great way to purchase rental income property. A real estate veterans loan helps you to purchase multi-family properties, as long as you plan to live there. You can rent the additional apartments to other veterans, as long as you agree to accept Section 8.

With other families paying rent to live in your building, you have a bit of help in repaying your veterans house mortgage.

Remember that there are some disadvantages to using a veterans house loan to purchase a multifamily property:

1. Vacancies. You cannot be sure that you will always have tenants. This means that you must be ready to pay your own veterans home mortgage payment without help. You cannot count on others.

2. You can only rent to other veterans. This limits the applicants you may have for your vacant apartments. Consider whether the town has a lot of veterans before you purchase the property.

3. You are responsible for maintenance. If you have a VA mortgage on a multifamily property, you must make any repairs to the property and you must pay the full cost.

Decide if a VA home mortgage is right for you

There are a number of great reasons to choose a veterans loan, including the often-lower interest rates, but you still need to decide if this is the right decision for you. Consider the potential downsides as well as the benefits.

Find VA mortgage specialists to take care of your loan

Some companies specialize in giving home loans to veterans. These companies are well versed in the details of VA loans and can answer any questions you may have.

Apply for a VA mortgage through your regular bank

You don't need to see a specialist in order to get a VA loan. Many major banks also offer VA loans to qualified veterans.
  • If you have a conventional loan with a high interest rate, you may be able to refinance that loan using a VA mortgage. This can be a great way to lower your interest rate.