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

VA Loans-VA Loan Department-Lotus CA

VA Loans For Purchasing a Home

Myths and Misconceptions About VA Home Loans

A typical false impression with the VA loan program is that there is a significant quantity of “red tape” involved with the process. Nonetheless, this isn’t really the situation.|This isn’t really the case.} The very first step is to establish your eligibility. Sierra View Financial can typically secure your Certificate of Eligibility (COE) online.

Prequalifying for a VA Loan

To start the VA loan procedure, contact us by phone/email/text. One of our VA loan professionals will ask fundamental questions concerning your economic history and homebuying goals to figure out if a VA loan is best for your scenario. Prequalification assists you as well as lenders develop an instant sense of eligibility and begin developing a foundation for the next stage, which is financing preapproval.

VA Loan Preapproval

Preapproval shows lenders that a borrower is a qualified homebuyer. As experienced VA lenders we can aid you finish the documentation, as well as organize and also prepare anything you require to complete the application.
You’ll obtain a preapproval letter that outlines anything you must do to officially complete the VA home loan paperwork when we receive your called for documents. The conditions in the preapproval letter should be satisfied in order for you to obtain to closing day and into your home.

Real Estate Agents and Your Home Search

It’s time to find a real estate agent and also look at houses as soon as you have a preapproval letter. Some military customers could wish to look for veteran-friendly real estate representatives that much better connect to military households’ particulars as well as comprehend the VA loan program extensively. We can help you discover a professional real estate agent.

Make an Offer

It’s an excitement for military consumers to discover as well as choose their house, but there’s still some work to do. It’s critical that you work with a real estate agent and loan officer that are experienced regarding VA financing so the agreement is effectively drawn up to help you take advantage of all your veteran privileges.

VA Loan Closing and Processing

{Before the financing closes, as your VA lender, we’ll order an independent appraisal of the building. In addition to examining the Prior to the financing closes, as your VA lender, we’ll order an independent appraisal of the property. Along with examining the home’s value, the VA appraisal aids analyze whether the residence satisfies the VA’s property condition standards.

An underwriter after that carefully assesses the entire VA loan package. When the underwriter authorizes a VA loan, there’s only a few things for the borrower to do: Prepare for your closing day, when you’ll authorize a whole lot of final documents as well as obtain the keys to a brand-new house.

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 Loan Department – Lotus

Share this article

Comments are closed.