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VA Loans-VA Home Equity Loan 20-Granite Bay CA

VA Loans For Purchasing a Home

Myths and Misconceptions About VA Home Loans

A typical misunderstanding with the VA loan program is that there is an incredible quantity of “bureaucracy” included with the procedure. Nonetheless, this isn’t the situation.|This isn’t the instance.} The very first step is to establish your eligibility. Sierra View Financial can almost always locate your Certificate of Eligibility (COE) online.

Prequalifying for a VA Loan

To begin the VA loan process, contact us by phone/email/text. One of our VA loan professionals will ask standard questions regarding your financial history and homebuying objectives to establish if a VA loan is best for your situation. Prequalification aids you and also lenders develop an instant sense of eligibility as well as start constructing a structure for the following phase, which is financing preapproval.

VA Loan Preapproval

Preapproval shows lenders that a borrower is a capable homebuyer. As experienced VA lenders we can help you complete the documents, as well as prepare and arrange anything you require to finish the application.
You’ll obtain a preapproval letter that lays out anything you need to do to formally complete the VA home loan paperwork when we get your called for files. The conditions in the preapproval letter must be fulfilled in order for you to obtain to closing day as well as right into your home.

Real Estate Agents and Your Home Search

Once you have a preapproval letter, it’s time to discover a real estate agent and consider homes. Some military buyers might desire to look for veteran-friendly real estate agents that much better connect to military households’ details as well as understand the VA loan program thoroughly. We could help you locate a professional real estate agent.

Make an Offer

It’s an adventure for military borrowers to locate and also select their home, but there’s still some job to do. When you discover a house you’ll should make an offer and agree on the rate as well as terms with the seller. Your real estate agent will certainly aid you with the settlement and agreement process. It’s imperative that you work with a real estate agent and also loan officer that are knowledgeable regarding VA financing so the contract is effectively created to assist you capitalize on all your veteran entitlements.

VA Loan Closing and Processing

{Prior to the financing closes, as your VA lender, we’ll order an independent appraisal of the residential property. In addition to evaluating the home’s value, the VA appraisal helps assess whether the building satisfies the VA’s residential property condition criteria. If there are troubles (e.g. water damages, termites, leaking roofing system), they may have to be dealt with prior to the financing process can progress. Every scenario is various.

An underwriter after that very closely assesses the entire VA loan package. When the underwriter accepts a VA loan, there’s just a few things for the borrower to do: Prepare for your closing day, when you’ll sign a whole lot of last documents as well as get the keys to a brand-new home.

Call a VA Home Loan Specialist at
(916) 989-6222

Start the VA Loan Process

Loan Type Home PurchaseRefinance

Approximate Loan Amount

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Military Branch

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Call a VA Home Loan Specialist at
(916) 989-6222

VA Home Equity Loan 20 – Granite Bay

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