Comments on: VA Loan Showing Strong in 2009

By: mocohn

mocohn — Sun, 23 Aug 2009 13:38:00 +0000

I support this great benefit for veterans which is not new, yet like the increase in FHA lending it increases the role of Government in the economy.

By: Cary NC Real Estate

Cary NC Real Estate — Sun, 28 Jun 2009 23:54:38 +0000

I agree with Joshua. Considering the current state of the economy, it is not much of a surprise that VA loans are doing so well since borrowers can take out the cost of the home. Still, we should keep in mind that one of the reasons we got here is because too many people were taking on loans they couldn't really handle. Hopefully, we aren't continuing this trend.

By: Joshua Bucio

Joshua Bucio — Fri, 26 Jun 2009 20:08:20 +0000

I have also seen an increase in VA loans this year in Wisconsin. The VA loan, along with the Rural housing loan, are the only two mortgage loans available that allow 100% financing. Which makes sense why their would be more loans closed this year, then the previous years.