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VA Loans-VA Loan Housing Requirements-Loomis CA

VA Loans For Purchasing a Home

Myths and also Misconceptions About VA Home Loans

A typical mistaken belief with the VA loan program is that there is an incredible amount of “red tape” entailed with the process. Nonetheless, this isn’t really the instance.|This isn’t the case.} The initial step is to establish your eligibility. Sierra View Financial can generally secure your Certificate of Eligibility (COE) online.

Prequalifying for a VA Loan

To start the VA loan procedure, contact us by phone/email/text. If a VA loan is best for your scenario, one of our VA loan specialists will ask fundamental questions concerning your financial background as well as homebuying objectives to figure out. Prequalification assists you and lenders develop an instant sense of eligibility and also begin building a foundation for the following phase, which is financing preapproval.

VA Loan Preapproval

Preapproval reveals lenders that a borrower is a capable homebuyer. As experienced VA lenders we can aid you finish the documents, as well as prepare and also arrange anything you need to finish the application.
You’ll receive a preapproval letter that lays out anything you should do to officially complete the VA home loan paperwork when we obtain your required records. The conditions in the preapproval letter need to be fulfilled in order for you to obtain to closing day and also into your house.

Real Estate Agents and Your Home Search

It’s time to locate a real estate agent as well as look at homes when you have a preapproval letter. Some military buyers could wish to look for veteran-friendly real estate representatives that better connect to military families’ particulars and comprehend the VA loan program thoroughly. We could help you find a professional real estate agent.

Make an Offer

It’s a thrill for military debtors to find and select their house, however there’s still some work to do. It’s important that you work with a real estate agent and loan officer who are experienced regarding VA loans so the contract is effectively drawn up to aid 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 residence. Together with examining the Before the financing closes, as your VA lender, we’ll order an independent appraisal of the home. Along with examining the residence‚Äôs worth, the VA appraisal aids evaluate whether the home fulfills the VA’s home condition requirements.

An underwriter then carefully assesses the entire VA loan package. When the underwriter authorizes a VA loan, there’s only a few points for the borrower to do: Prepare for your closing day, when you’ll sign a lot of last documentation and obtain the keys to a new house.



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 Loan Housing Requirements – Loomis

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