Walt Dobbs - NMLS #269374 - (916) 989-6222 - eMail me

VA Loans-VA Jumbo Home Loan-Meadow Valley CA

VA Loans For Purchasing a Home

Myths and Misconceptions About VA Home Loans

A typical misconception with the VA loan program is that there is a significant quantity of “red tape” entailed with the procedure. However, 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 experts will ask basic questions about your economic background and homebuying goals to identify if a VA loan is best for your situation. Prequalification assists you and also lenders develop an instant sense of eligibility and start building a foundation for the next stage, which is financing preapproval.

VA Loan Preapproval

The major difference between prequalification as well as preapproval is usually the verification of details. Preapproval reveals to lenders that a borrower is a qualified homebuyer. The process needs effort from the borrower as documents collection as well as entry ends up being essential. As experienced VA lenders we could assist you finish the paperwork, as well as prepare as well as arrange anything you have to complete the application. You could be able to do some or every one of this process online.
When we receive your required papers, you’ll receive a preapproval letter that outlines anything you must do to officially complete the VA home mortgage documentation. The problems in the preapproval letter must be met in order for you to get to closing day as well as into your house.

Real Estate Agents and Your Home Search

When you have a preapproval letter, it’s time to find a real estate agent and check out residences. Some military customers could intend to seek out veteran-friendly real estate representatives that better connect to military households’ details and comprehend the VA loan program extensively. We can help you find a qualified real estate agent.

Make an Offer

It’s an adventure for military consumers to locate and pick their residence, however there’s still some job to do. It’s critical that you work with a real estate agent and also loan officer that are well-informed about VA loans so the agreement is correctly drawn up to assist you take advantage of all your veteran entitlements.

VA Loan Closing and Processing

{Prior to the loan closes, as your VA lender, we’ll order an independent appraisal of the property. Together with evaluating the Prior to the loan closes, as your VA lender, we’ll order an independent appraisal of the building. Along with analyzing the residential property‚Äôs worth, the VA appraisal helps examine whether the property satisfies the VA’s residential property condition requirements.

An underwriter after that very closely assesses the whole VA loan package. When the underwriter approves a VA loan, there’s only a couple of points for the borrower to do: Prepare for your closing day, when you’ll authorize a whole lot of final documents and obtain 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

Credit Rating

Military Branch

Time frame

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

VA Jumbo Home Loan – Meadow Valley

Share this article

Comments are closed.