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2 selected videos

VA Loan Myth: All Lenders Understand the Military Mortgage Process

VA-eligible borrower Charles, a U.S. Army Sergeant serving in Afghanistan, wants to use his veteran benefits to buy a house in the States but meets difficulties due to misinterpretation of strict occupancy requirements for VA-guaranteed loans. Ten days before closing Charles' lender stops the VA home loan process because his loan officer thinks the VA occupancy guidelines cannot be met as Charles is deployed overseas. Frustrated, Charles' real estate agent contacts over 10 lenders and none of...

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Related topics : va home loan benefits / mortgage va loan / military loans for homes / direct loan lenders

VA Loan Myth: Any Lender Can Service a VA Loan

VA borrower Marcia, a U.S. Air Force veteran who now works as a doctor, tries for 4 months to get a VA refinance loan with another big lender with no results. Frustrated, she contacts iFreedom Direct® VA loan professional Jared to explore other options. Jared is able to get Marcia's VA loan approved in just two days after her initial contact. And, after just two weeks, Jared and Marcia attend the closing of her VA cash-out refinance loan. With her new VA-backed mortgage, Marcia saves more...

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Related topics : mortgage va loan / home equity loan refinance cash out / direct loan lenders