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

VA Loans-VA Loan Form 771St-Penryn CA

VA Loans For Purchasing a Home

Myths and also Misconceptions About VA Home Loans

A common misconception with the VA loan program is that there is a tremendous amount of “red tape” entailed with the process. Nonetheless, this isn’t really the instance.|This isn’t really the instance.} The very first action is to establish your eligibility. Sierra View Financial can generally acquire your Certificate of Eligibility (COE) online.

Prequalifying for a VA Loan

To begin the VA loan process, contact us by phone/email/text. If a VA loan is best for your situation, one of our VA loan experts will ask standard questions concerning your financial background and also homebuying objectives to determine. Prequalification aids you and lenders establish an instant sense of eligibility as well as begin building a structure for the following stage, which is loan preapproval.

VA Loan Preapproval

The main difference between prequalification and preapproval is normally the verification of information. Preapproval shows lenders that a borrower is a capable homebuyer. The process calls for effort from the borrower as documents collection and submission ends up being crucial. As experienced VA lenders we can aid you complete the documentation, along with prepare and also arrange anything you need to complete the application. You might have the ability to do some or all of this procedure online.
You’ll obtain a preapproval letter that describes anything you have to do to officially complete the VA home loan documentation when we receive your needed files. The problems in the preapproval letter have to be satisfied in order for you to obtain to closing day as well as right into your home.

Real Estate Agents and Your Home Search

As soon as you have a preapproval letter, it’s time to discover a real estate agent and take a look at homes. Some military customers may want to look for veteran-friendly real estate agents that much better relate to military families’ particulars as well as understand the VA loan program extensively. We could aid you locate a qualified real estate agent.

Make an Offer

It’s an excitement for military customers to locate and also pick their residence, yet there’s still some job to do. It’s essential that you work with a real estate agent and loan officer who are educated concerning 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 building. Together with analyzing the Prior to the financing closes, as your VA lender, we’ll order an independent appraisal of the residential property. Along with examining the home’s value, the VA appraisal assists examine whether the residential property satisfies the VA’s residential property condition requirements.

An underwriter after that closely assesses the whole VA loan package. When the underwriter authorizes a VA loan, there’s only a couple of things for the borrower to do: Prepare for your closing day, when you’ll sign a whole lot of last documentation and obtain the keys to a 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 Loan Form 771St – Penryn

Share this article

Comments are closed.