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

VA Loans-VA Loan Interst Rate-Rio Linda CA

VA Loans For Purchasing a Home

Myths and Misconceptions About VA Home Loans

A common false impression with the VA loan program is that there is a tremendous quantity of “red tape” entailed with the process. Nonetheless, this isn’t really the instance.|This isn’t the instance.} The initial step is to establish your eligibility. Sierra View Financial can typically secure 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 scenario, one of our VA loan specialists will certainly ask fundamental questions regarding your financial background as well as homebuying goals to determine. Prequalification assists you and also lenders develop an instant sense of eligibility as well as start building a structure for the next phase, which is financing preapproval.

VA Loan Preapproval

The major difference between prequalification as well as preapproval is typically the verification of details. Preapproval shows lenders that a borrower is a capable homebuyer. The procedure needs initiative from the borrower as paperwork collection and entry becomes important. As experienced VA lenders we could help you finish the documentation, along with arrange and also prepare anything you require to finish the application. You may be able to do some or all this process online.
You’ll receive a preapproval letter that lays out anything you should do to formally complete the VA home loan documents when we obtain your required files. The problems in the preapproval letter have to be fulfilled in order for you to obtain to closing day as well as right into your house.

Real Estate Agents and Your Home Search

It’s time to discover a real estate agent and also look at houses once you have a preapproval letter. Some military purchasers may intend to look for veteran-friendly real estate agents that much better associate with military households’ details and understand the VA loan program extensively. We could assist you discover a professional real estate agent.

Make an Offer

It’s an adventure for military borrowers to discover and also select their residence, yet there’s still some work to do. It’s vital that you work with a real estate agent and also loan officer who are knowledgeable regarding VA loans so the agreement is properly drawn up to assist you take advantage of 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 building. In addition to assessing the Before the loan closes, as your VA lender, we’ll order an independent appraisal of the property. Along with assessing the residence‚Äôs value, the VA appraisal aids evaluate whether the home meets the VA’s building condition criteria.

An underwriter after that carefully assesses the entire VA loan package. When the underwriter approves a VA loan, there’s only a couple of things for the borrower to do: Prepare for your closing day, when you’ll authorize a whole lot of last paperwork and 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

Credit Rating

Military Branch

Time frame

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

VA Loan Interst Rate – Rio Linda

Share this article

Comments are closed.