Why Your Local VA Loan Specialist Is Your Best Bet

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Title: Why Your Local VA Loan Specialist Is Your Best Bet


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Why Your Local VA Loan Specialist Is Your Best Bet
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The VA guaranteed home loan program has provided
home loans for veterans and active duty service
members for over 70 years.
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This program offers a number of advantages for
military members and has desirable features for
lenders, as well.
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The application process for a VA guaranteed loan
is different than that required for a
conventional mortgage loan.
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A local VA loan specialist can help to facilitate
the application process so that you can enjoy
your new home sooner.
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VA Guaranteed Loan Requirements
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The VA home loan program has a number of specific
application requirements
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The applicant must be eligible for a VA
home loan. Eligibility is determined by
length of service, discharge status and credit
record.
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A Certificate of Eligibility is required.
This document uses specific forms, such as the DD
Form 214, NGB Form 22, NGB Form 23 or VA Form
26-1817, depending on circumstance. Your VA loan
specialist will have more information on the
necessary documents.
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You must provide a good credit record.
However, applicants who had financial problems in
the past may still qualify for a VA guaranteed
loan after a period of time has passed.
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An appraisal of the property is required
to ensure that the home is worth the loan amount.
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You must agree to live in the home as
your primary residence. VA guaranteed home loans
cannot be used to purchase second homes or rental
properties.
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VA Loan Approved Lenders
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Not all lenders are approved by the VA
guaranteed home loan program.
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However, a large number of local banks,
national banks and regional lending institutions
have fulfilled the requirements of the program
and can provide help to assist you through the
application process.
16
These lenders can provide specific information
on applying for a VA loan, information on loan
amounts, appraisal requirements and other items.
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They can also pre-approve you for a home loan
before you begin looking for a home so that you
know what price range is within your budget.
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These measures can facilitate the process of
house hunting and loan application for homebuyers.
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How A VA Loan Specialist Can Help You
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Working with a VA guaranteed loan specialist
provides a number of advantages for homebuyers
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A VA home loan specialist has the knowledge
and experience to facilitate the application
process, avoiding delays.
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A VA home loan specialist can answer all
your questions about documentation, financial
requirements and time frames.
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A VA home loan specialist can provide
information about interest rates, terms of the
loan and costs that can be rolled into the loan
amount.
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A VA home loan specialist can facilitate
paperwork and ensure that all requirements are
met.
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A VA home loan specialist knows the
details of the loan program that can help
applicants acquire the loan.
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The advantages of the VA guaranteed loan
program make it a good option when considering a
home loan.
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An experienced VA loan specialist can help to
make the application process faster and easier so
that you can begin enjoying your new home
purchase as soon as possible.
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Our VA Loan Specialist helps veterans obtain the
loans they are entitled to.
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He served in the United States Marine Corps, and
now devotes himself to the Veteran home buyer in
the Phoenix area, fulfilling a passion of his
while at the same time helping others achieve
home ownership.
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Be a proud homeowner today.
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For more details call 480-351-5904 or visit the
site www.valoansforvets.com
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VA Loans for Vets 7702 E. Doubletree Ranch Road,
Suite 220 Scottsdale, AZ 85258 Phone (480)
351-5904 Email jimmyv_at_fcbmtg.com
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