VA Loan Requirements And Benefits Reviewed In New Loan Love Guide

The exact credit score needed to qualify changes with time, so borrowers will need to check with their lender to see what the actual score required is. Also, those applying for VA loans will need a Certificate of Eligibility, or COE. Eligibility may sometimes take a while to prove, so borrowers should start this process as soon as they can. Although circumstances can certainly vary from person to person, for most veterans and active-duty service members, the VA loan program is a great choice for a mortgage. Those eligible should take a look at their finances, talk with their lender, and if they decide it is right for them, apply for their COE as early as possible.
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Student Loan Rates to Double — Will You Pay $2,600 More?

Sen. Tim Kaine (D-Va) denounced the government’s inability to prevent this week’s huge spike in student loan rates. (Official Senate Photo) Loading… By William Callahan The Senatefailed to lower certain student loan rates this week, meaning some students returning to campus in the fall could end up paying double the interest rate they used to. Senate Democrats proposal would have left the rates on government-subsidized Stafford student loans at 3.4 percent for another year, giving legislators time to come up with a long-term fix for the system.
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