Why Working With a VA Loan

Officer from the Areais a Smart Move

The Veteran’s Administration Guaranteed Home Loan Program has helped millions of military veterans and active duty service members achieve their dream of home ownership at affordable rates.

The application for a VA home loan requires additional documentation compared to conventional loans.

For new home buyers who don’t know how to get a VA loan, a local VA loan specialist can provide the knowledge and experience to help make the application process go smoothly.

Help With Documentation

A VA loan specialist can help applicants acquire the documentation they need to fill the program’s requirements.

A Certificate of Eligibility serves to document your service record and qualifies you for the program.

Applying for a Certificate can be done online or by mail, using the appropriate type of form for your military service.

However, if you have a problem get your Certificate of Eligibility, your VA loan specialist will help you with the process.

Credit Verification

To be approved for a VA home loan, applicants must provide a credit score.

Generally, a credit score of 620 is needed for approval.

Your VA loan specialist can often find a lender that will accept a lower credit score if there are problems, as well as alerting you to issues on your credit score that you can remedy.

Once problems are corrected they can then ensure that the updated report becomes a part of your application as quickly as possible.

Property Appraisal

The VA program requires that a new property appraisal be done on the home as part of the application process.

An appraisal not only provides real estate market information on the property;

It also ensures that the home fulfills the minimum property requirements that are mandatory under the VA home loan program.

If the appraisal indicates that the house has issues that cause it to be under the selling price, the buyer may need to negotiate for certain repairs.

These actions can add more time to the application process.Generally, the appraisal process only takes 10 days. However, delays often occur, so you should plan for additional time for this step in your planning.

You VA loan specialist can help to expedite the process so that you can receive approval for your loan in a timely fashion.

Notifications of Loan Progress

One of the most important benefits of working with a VA loan specialist is the personal contact that will keep you informed of the progress of your application.

They can eliminate the needless waiting and frustration that can often occur during the application and approval process,

as well as providing additional support to help you navigate the application process more easily and with greater confidence.

Jimmy Vercellino, is an Arizona VA Loan Specialist who helps veterans obtain the loans they are entitled to.

He served in the United States Marine Corps, and now devotes himself to the Veteran home buyer in the Phoenix area, fulfilling a passion of his while at the same time helping others achieve home ownership.

Be a proud homeowner today. For more details call 480-351-5904 or visit

the site www.valoansforvets.com

VA Loans for Vets7702 E. Doubletree Ranch Road, Suite

220Scottsdale, AZ 85258

Phone: (480) 351-5904Email: jimmyv@fcbmtg.com