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Conventional vs VA Loan - VAMortgageCenter
Conventional vs VA Loan
See the unique advantages of a VA Loan
As a result of changes to the mortgage industry, options for a conventional loan with $0 Down have evaporated and a VA Loan is one of the only $0 Down home loan options.
Some people believe a VA Loan involves red tape and is more work. But the VAMortgageCenter specializes in VA Loans and has streamlined the process to save you time....
VA Loan Eligibility - Meeting Lender Requirements
VA Loan Eligibility Considerations
Certificate of Eligibility
The certificate of eligibility is a formal document that assures mortgage lenders that the homebuyer meets the basic service requirements. Many times, homebuyers hear that they must have a Certificate of Eligibility (COE) before applying for their loan, which isn't true.
The COE can be acquired by your VA-approved lender, like VA...
Beneficial Questions and Answers on the Basics of the VA ...
What is the letter I have to give to my realtor?
Most of the time, the realtor will want your pre-approval letter to show that you have been pre-approved for a home loan and for how much. This is a better bargaining chip with the seller because it shows you are a serious buyer and have already pursued financing.
How long is the process for getting a home loan?
Many factors go into the timing of the process. To be safe, you should allow at least 30 days from contract to closing. However, it is possible to close much sooner depending on the circumstances. With the help of our VA Loan Specialists, the process is quick and easy!
How soon should I apply for a...