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Yvonne Jaramillo Ahearn, JD Yvonne Jaramillo Ahearn, JD

VA Home Loan Reform Act

I'm thrilled to share some exciting news that hopefully, will have a lasting impact on our veteran clients. Recently, the U.S. House of Representatives unanimously passed H.R. 1815, known as the VA Home Loan Reform Act. This pivotal legislation aims to permanently codify a temporary policy that was first introduced last June. The policy allows veterans the ability to directly compensate their real estate agents, which is a significant step toward ensuring they remain competitive in the housing market.

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VA Assumable Loans, VA Loans, Compass Military Division, Military Oahu Yvonne Jaramillo Ahearn, JD VA Assumable Loans, VA Loans, Compass Military Division, Military Oahu Yvonne Jaramillo Ahearn, JD

A Guide to VA Loan Assumption: Key Insights

The VA loan program, supported by the U.S. Department of Veterans Affairs, provides significant benefits to eligible veterans, active-duty service members, and certain National Guard and Reserve members. Among these benefits is the option for VA loan assumption, a feature that can be advantageous for both buyers and sellers. This blog article delves into the essentials of VA loan assumption, explaining what it entails, how it functions, and the benefits and considerations involved.

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  • We always remember that we owe our successes to the efforts of our clients, each team member, and our families. We need others to be our best.

  • We persevere in our efforts, no matter the obstacle, with a high sense of urgency, keeping our clients and team at top of mind.

  • We always try to do the right thing (live "pono" ) for our clients, our team, and our business.