Posted on Aug 20, 2022
Why comparing VA home loans to other options might soon get easier
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SHARE OF THE DAY
Why comparing VA home loans to other options might soon get easier
By Leo Shane III
Tuesday, Aug 16
A home is advertised for sale in Hampton Roads, Virginia, on Jan. 3, 2017. (Staff Sgt. Teresa J. Cleveland/Air Force)
A new congressional proposal would require federal officials to better explain the costs and advantages of Veterans Affairs home loans in an effort to dispel myths about the homebuying benefit.
The bipartisan bill, dubbed the Veterans Affairs Loan Informed Disclosure Act (or VALID Act), would require the veterans be provided a side-by-side comparison of conventional home loans, Federal Housing Administration offerings and the VA home loan program as part of pre-purchase disclosure forms.
PO1 William "Chip" Nagel Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT Charlie Lee PO2 Marco Monsalve SGT David A. 'Cowboy' Groth ] SSG William Jones Sgt (Join to see) SrA John Monette SFC Bernard Walko SPC Michael Terrell SMSgt Anil Heendeniya CPL Douglas Chrysler A1C Medrick "Rick" DeVaney GySgt Jack Wallace SGT Mark Anderson CPL LaForest Gray SGT Steve McFarland
Why comparing VA home loans to other options might soon get easier
By Leo Shane III
Tuesday, Aug 16
A home is advertised for sale in Hampton Roads, Virginia, on Jan. 3, 2017. (Staff Sgt. Teresa J. Cleveland/Air Force)
A new congressional proposal would require federal officials to better explain the costs and advantages of Veterans Affairs home loans in an effort to dispel myths about the homebuying benefit.
The bipartisan bill, dubbed the Veterans Affairs Loan Informed Disclosure Act (or VALID Act), would require the veterans be provided a side-by-side comparison of conventional home loans, Federal Housing Administration offerings and the VA home loan program as part of pre-purchase disclosure forms.
PO1 William "Chip" Nagel Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT Charlie Lee PO2 Marco Monsalve SGT David A. 'Cowboy' Groth ] SSG William Jones Sgt (Join to see) SrA John Monette SFC Bernard Walko SPC Michael Terrell SMSgt Anil Heendeniya CPL Douglas Chrysler A1C Medrick "Rick" DeVaney GySgt Jack Wallace SGT Mark Anderson CPL LaForest Gray SGT Steve McFarland
Why comparing VA home loans to other options might soon get easier
Posted from armytimes.comPosted in these groups: 
Veterans Affairs (VA)
Veterans Affairs (VA)
Posted >1 y ago
Responses: 3
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Good information. Starting in 1975 I've bought 4 homes using the VA and when I think back to hard and long that first process was its good to know things are getting easier.
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A1C Medrick "Rick" DeVaney
I Never Encountered Any Issues To Get Any Of My VA Home Loans.
Nor Did I Have Any Difficulty Applying For Them.
I Never Even Knew It Was Supposed To Be Difficult..
Does This Make Any Sense To Others Here?
Nor Did I Have Any Difficulty Applying For Them.
I Never Even Knew It Was Supposed To Be Difficult..
Does This Make Any Sense To Others Here?
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SFC Joe S. Davis Jr., MSM, DSL
It's about time...I bought my house in Newport News when I was at HQ Air Combat Command at Langley. I would have benefited from more information, but it was still worth it to live there (despite the thin pine trees!). Thank you, Brother Joe for sharing!
It's about time...I bought my house in Newport News when I was at HQ Air Combat Command at Langley. I would have benefited from more information, but it was still worth it to live there (despite the thin pine trees!). Thank you, Brother Joe for sharing!
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I SWEAR, If Our Schools Would Bother To Educate Our People,
These Situations Wouldn't Exist...Finances, To The Best Of MY Knowledge,
Have NEVER Been Taught On ANY Level From K-12, In ANY Of Our Schools.
Our High School Grads Can't Even Balance Their Own Check Books...
No Wonder There's So Much Poverty In This Country.....
Nobody Even Understands Money, And They're BROKE Because Of It..
Makes Me FURTHER Happy That I QUIT School & Educated MYSELF,
I Completed Business & Finance Programs Which The Public Schools Never Even HAD.
What A Bunch Of Bull SH*T Our Schools Provide...
I'm OUT-A Here. Far To Pizzed Off At This Country's Lack Of Education,To Continue On.
NOTHING Sets Me Off So Quickly As The Depth Of Ignorance We Have In These 50 States,
Because It's Totally Preventable..
DAMN !!~And~BYE~
These Situations Wouldn't Exist...Finances, To The Best Of MY Knowledge,
Have NEVER Been Taught On ANY Level From K-12, In ANY Of Our Schools.
Our High School Grads Can't Even Balance Their Own Check Books...
No Wonder There's So Much Poverty In This Country.....
Nobody Even Understands Money, And They're BROKE Because Of It..
Makes Me FURTHER Happy That I QUIT School & Educated MYSELF,
I Completed Business & Finance Programs Which The Public Schools Never Even HAD.
What A Bunch Of Bull SH*T Our Schools Provide...
I'm OUT-A Here. Far To Pizzed Off At This Country's Lack Of Education,To Continue On.
NOTHING Sets Me Off So Quickly As The Depth Of Ignorance We Have In These 50 States,
Because It's Totally Preventable..
DAMN !!~And~BYE~
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