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

VA Loans-VA Loan Peramiters-Homewood CA

VA Loans For Purchasing a Home

Myths and also Misconceptions About VA Home Loans

An usual misunderstanding with the VA loan program is that there is a significant amount of “red tape” included with the process. Nevertheless, this isn’t really the situation.|This isn’t the case.} The initial step is to establish your eligibility. Sierra View Financial can usually secure your Certificate of Eligibility (COE) online.

Prequalifying for a VA Loan

To begin the VA loan procedure, call us by phone/email/text. If a VA loan is best for your situation, one of our VA loan experts will certainly ask basic questions regarding your economic background as well as homebuying goals to figure out. Prequalification aids you and also lenders establish an immediate sense of eligibility and start building a foundation for the following stage, which is loan preapproval.

VA Loan Preapproval

Preapproval reveals lenders that a borrower is a qualified homebuyer. As experienced VA lenders we could aid you complete the documentation, as well as organize and also prepare anything you need to finish the application.
You’ll get a preapproval letter that details anything you have to do to officially finish the VA home loan documentation when we receive your needed records. The conditions in the preapproval letter have to be fulfilled in order for you to obtain to closing day as well as right into your residence.

Real Estate Agents and Your Home Search

It’s time to discover a real estate agent and look at houses as soon as you have a preapproval letter. Some military purchasers could intend to look for veteran-friendly real estate representatives that far better associate with military households’ particulars as well as comprehend the VA loan program thoroughly. We can assist you find a professional real estate agent.

Make an Offer

It’s a thrill for military consumers to locate and choose their home, however there’s still some job to do. It’s important that you work with a real estate agent as well as loan officer that are well-informed about VA loans so the contract is properly drawn up to aid you take benefit 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 home’s worth, the VA appraisal assists evaluate whether the property meets the VA’s building condition standards. If there are troubles (e.g. water damages, termites, dripping roof), they could should be attended to prior to the financing process could move on. Every scenario is different.

An underwriter after that very closely reviews the whole VA loan package. When the underwriter approves a VA loan, there’s just a few things for the borrower to do: Prepare for your closing day, when you’ll authorize a whole lot of final documentation and obtain the keys to a new residence.



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 Peramiters – Homewood

Share this article

Comments are closed.