As a Veteran myself, my passion is to continue to honor and serve my fellow brothers and sisters. As a mortgage loan officer, I was perfectly capable of navigating the VA loan process but I felt I could learn and do more. Seeing a shortage in specialized VA loan officers, I set out to expand my knowledge and expertise. I currently hold 3 VA Lending Certifications as well as a VA Underwriting Certification. This puts me in a unique position that other loan officers just can’t match. My certifications are as follows;
• Certified Veteran Lending Specialist (National Association of Mortgage Brokers)
• Certified Veteran Housing Specialist (USA Cares)
• Certified Veteran Mortgage Advisor (Veteran Lending Council)
• Certified VA Master Mortgage Underwriter (National Association of Mortgage Underwriters).
Contact me to find out why who you do business with matters.
As a Veteran myself, my passion is to continue to honor and serve my fellow brothers and sisters. As a mortgage loan officer, I was perfectly capable of navigating the VA loan process but I felt I could learn and do more. Seeing a shortage is specialized VA loan officers, I set out to expand my knowledge and expertise. I currently hold 3 VA Lending Certifications as well as a VA Underwriting Certification. This puts me in a unique position that other loan officers just can’t match. My certifications are as follows; Certified Veteran Lending Specialist (National Association of Mortgage Brokers), Certified Veteran Housing Specialist (USA Cares), Certified Veteran Mortgage Advisor (Veteran LendingCouncil), and Certified VA Master Mortgage Underwriter (National Association of ofMortgage Underwriters). Contact me to find out why who you do business with matters.
To be eligible for a VA loan, you or your spouse must meet the minimum service requirements set by the Department of Veterans Affairs (VA), have a valid certificate of Eligibility (COE), and satisfy the lender’s credit and income requirements.
You may qualify for a VA loan by meeting one or more of the following requirements:
To be eligible for a VA loan, you or your spouse must meet the minimum service requirements set by the Department of Veterans Affairs (VA), have a valid certificate of Eligibility (COE), and satisfy the lender’s credit and income requirements.
You may qualify for a VA loan by meeting one or more of the following requirements:
A VA loan is a government-backed mortgage option available to Veterans, service members, and surviving
spouses. VA loans are made by private lenders, like
mortgage companies and banks, and not the Department of
Veterans Affairs.
VA home loans offer competitive interest rates and
terms and can be used to purchase a single-family home,
condominium, multi-unit property, manufactured house or
new construction.
A VA loan is a government-backed mortgage option available to Veterans, service members, and surviving
spouses. VA loans are made by private lenders, like mortgage companies and banks, and not the
Department of Veterans Affairs.
VA home loans offer competitive interest rates and terms and can be used to purchase a single-family
home, condominium, multi-unit property, manufactured house, or new construction.
VA loans have helped
generations of Veterans and
military families build stronger financial futures.
Here are a few of the most
frequently asked questions
about this historic home loan
benefit.
Although the VA loan is a federal program, the government generally does not make direct loans to Veterans. Instead, private lenders finance the loan while the Department of Veterans Affairs offers a guaranty.
This guaranty protects the lender against total loss should the buyer default, which provides an incentive for private lenders to offer the VA loan with better terms than other mortgage options.
The VA Funding Fee is a governmental fee applied to every VA purchase and refinance loan. This fee is set by Congress and goes straight to the Department of Veterans Affairs to help fund the loan program.
When using the benefit for the first time, Veterans pay 2.15% of the loan amount on a purchase or Cash-Out refinance. For all subsequent uses, the fee rises to 3.3% of the loan amount. The funding fee for a VA Streamline refinance is 0.5%.
Buyers can lower their funding fee exposure by making a down payment.
Veterans can choose to finance this fee into their loan rather than pay it in cash at closing. They can also ask sellers to cover it as part of any concessions. Veterans receiving compensation for a service-connected disability and select others are exempt from this fee entirely.
Talk with a trusted lender that knows VA loans and how to get the most from this hard-earned benefit. The process typically starts with getting preapproved, which can often be done in minutes using your phone, laptop or tablet.
Loan preapproval is a key first step before making an offer on your dream home. Having that preapproval letter gives you a clear sense of your buying power and shows sellers and listing agents you have what it takes to get to closing.
The VA Funding Fee is a governmental fee applied to every VA purchase and refinance loan. This fee is set by Congress and goes straight to the Department of Veterans Affairs to help fund the loan program.
When using the benefit for the first time, Veterans pay 2.15% of the loan amount on a purchase or Cash-Out refinance. For all subsequent uses, the fee rises to 3.3% of the loan amount. The funding fee for a VA Streamline refinance is 0.5%.
Buyers can lower their funding fee exposure by making a down payment.
Veterans can choose to finance this fee into their loan rather than pay it in cash at closing. They can also ask sellers to cover it as part of any concessions. Veterans receiving compensation for a service-connected disability and select others are exempt from this fee entirely.
To calculate your VA Funding Fee, use Veterans United Home Loans’ Funding Fee Calculator here.
Talk with a trusted lender that knows VA loans and how to get the most from this hard-earned benefit. The process typically starts with getting preapproved, which can often be done in minutes using your phone, laptop or tablet.
Loan preapproval is a key first step before making an offer on your dream home. Having that preapproval letter gives you a clear sense of your buying power and shows sellers and listing agents you have what it takes to get to closing.
Start my VA loan with Veterans United Home Loans — the Nation’s #1 VA Lender for Homebuyers
https://www.veteransunited.com/start/?plc=mc_txtl&desc=veteransunitedhomeloans
Yes, this is a lifetime benefit. You can reuse the VA loan over and over again.
Buyers usually regain the full power of their benefit after selling a home and repaying their original VA loan in full. It’s also possible to buy a home with a VA loan, live in it for a time and then rent it out and buy a new home using any remaining VA loan entitlement.
You typically need to sell a home to regain your full VA loan entitlement. The VA gives all qualified buyers one opportunity to repay a VA loan in full (usually with a non-VA refinance loan), keep the property and buy again with their full entitlement.