Ideally, the walkthrough should be done by you and your real estate agent. If possible, it should take place the day of or before your scheduled closing. 9. Head to your closing As the final step of the VA loan process, a home closing involves the transfer of the home to you. Once...
Find your new home: Work with a real estate agent to find a home that meets your needs and qualifies for a VA loan. Make an offer on the property: Submit an offer with your preapproval in hand, showing sellers you're a serious buyer. ...
Step Five: Connect With an Expert Real Estate Agent Experienced with VA Loans You’ll need to connect with a real estate agent who understands the unique needs of military buyers and investors. ADPI has compiled a great list of vetted realtors in theirServiceRank™ Directoryto help you find...
You might find it helpful to go with a lender and a real estate agent who have experience working with VA borrowers. The home will be subject to aVA appraisal, and an experienced agent will help you avoid homes that won’t meet the ...
If there are other fees connected to the loan, theycannotbe paid by the borrower. So if it’s a purchase, the former owner could provideseller concessions, the real estate agent could provide a credit, or the bank could provide alender creditto cover the non-allowable closing costs. ...
Work with a real estate agent who understands VA loans; better still if this person specializes in helping members of the military. Veteran-friendly agents can help you understand what to look for in terms of maximizing your benefits.Your agent’s job is to help you craft a strong offer ...
The VA loan program allows the seller to pay up to 4 percent of the home’s price in closing costs. The seller isn’t required to pay that much. If you’d like the seller to help cover your closing costs, be sure to let your real estate agent know before you negotiate a purchase ...
You might find it helpful to go with a lender and a real estate agent who have experience working with VA borrowers. The home will be subject to aVA appraisal, and an experienced agent will help you avoid homes that won’t meet the minimum required stand...
Reviewed By: Aleksandra Kadzielawski The Mortgage Reports Editor Aleksandra is endlessly curious about the housing market and loves turning what she learns into helpful content. She's a DePaul alum, licensed real estate agent, and NAR member who traded Chicago winters for Phoenix sunshine....
“The VA has strict standards regarding the condition of properties because its loans are meant to acquire primary residences for veterans,” says Julie Aragon, a real estate agent and mortgage loan originator at Arbor Financing Group in Santa Monica, California. You can use a VA loan to ...