Quick Summary: Indiana’s HEA 1210 replaced the old Veteran property tax deductions with new benefits for tax bills payable in 2027. Totally disabled Veterans can deduct 100% of their home’s assessed value, with no value cap. Other disabled Veterans receive…
Quick Summary A VA appraisal produces a Notice of Value (NOV) that is valid for 6 months. If you’re under contract during that window, it stays valid until your deal closes or falls through. The appraisal is tied to the…
Using Your VA Loan a Second or Third Time: What Veterans Need to Know Quick Summary. Your VA loan benefit is reusable. You can restore entitlement after a sale, refinance, or loan assumption. You can also hold two VA loans…
Quick Summary: Veterans in Indiana, Illinois, and Michigan can lower their property taxes and pay no state income tax on military retirement pay. Indiana moved to new credits and a 100% deduction for bills payable in 2027. Illinois and Michigan…
VA Home Loan Program Reform Act: What Veterans and Families Need to Know There’s some good news for Veterans and military families across the country: the VA Home Loan Program Reform Act is now law. This new legislation brings…
Quick Summary Yes. Eligible Veterans and service members can use a VA loan to buy a duplex, triplex, or fourplex with no down payment if they live in one unit. Rental income from the other units can help you qualify,…
Quick Summary VA limits seller concessions to 4% of the home’s reasonable value, as shown on the VA Notice of Value. Normal closing costs and market-rate discount points don’t count toward that limit, so a seller can pay those and…
Quick Summary Yes. VA does not set a waiting period after a Chapter 13 discharge, and you may qualify while still in your plan once you’ve made 12 on-time payments and your trustee or the court approves the new loan…
Understanding the VA Loan Certificate of Eligibility (COE) What Is a COE? The Certificate of Eligibility (COE) is an official document from the U.S. Department of Veterans Affairs (VA) that confirms your eligibility for a VA home loan. It verifies…
Quick Summary: For 2026, the VA loan limit in every Indiana county is $832,750, but it only matters if part of your VA entitlement is still in use. Veterans with full entitlement have no VA loan limit. For everyone else,…
