Why Working With A VA Loan Officer From The Area Is A Smart Move

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Why Working With a VA Loan Officer from the
Areais a Smart Move
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The Veterans 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.
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The application for a VA home loan requires
additional documentation compared to
conventional loans.
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For new home buyers who dont 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.
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Help With Documentation
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A VA loan specialist can help applicants acquire
the documentation they need to fill the programs
requirements.
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A Certificate of Eligibility serves to document
your service record and qualifies you for the
program.
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Applying for a Certificate can be done online or
by mail, using the appropriate type of form for
your military service.
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However, if you have a problem get your
Certificate of Eligibility, your VA loan
specialist will help you with the process.
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Credit Verification
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To be approved for a VA home loan, applicants
must provide a credit score. Generally, a
credit score of 620 is needed for approval.
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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.
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Once problems are corrected they can then ensure
that the updated report becomes a part of your
application as quickly as possible.
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Property Appraisal
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The VA program requires that a new property
appraisal be done on the home as part of the
application process.
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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.
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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.
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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.
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You VA loan specialist can help to expedite the
process so that you can receive approval for your
loan in a timely fashion.
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Notifications of Loan Progress
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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.
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They can eliminate the needless waiting and
frustration that can often occur during the
application and approval process,
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as well as providing additional support to help
you navigate the application process more easily
and with greater confidence.
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Jimmy Vercellino, is an Arizona VA Loan
Specialist who helps veterans obtain the loans
they are entitled to.
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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.
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Be a proud homeowner today. For more details
call 480-351-5904 or visit the site
www.valoansforvets.com
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VA Loans for Vets 7702 E. Doubletree Ranch Road,
Suite 220 Scottsdale, AZ 85258 Phone (480)
351-5904 Email jimmyv_at_fcbmtg.com