VA Home Loans In 3 Easy Steps

VA Home Loans In 3 Easy Steps

 

 

1. To obtain a VA Guaranty Home Loan, you must have a Certificate of Eligibility. Click here and apply online for a Certificate of Eligibility (COE) or by completing this fillable  VA Form 26-1880, Request for Certificate of Eligibility, and simply mail it in. Lenders can also obtain COEs for Veterans online.

2. We can then help you find a local Veteran Preferred Realtor and Lender to assist you through the process of buying a home. The lender will complete an application and work with you to determine the amount of loan for which you qualify. After you provide a pre-qualification or pre-approval to the realtor they will be able to show you homes within that price range.

3. Select a home and sign a purchase agreement or a contract with a builder. It is important to note that your sales contract should include a provision making it void if you are unable to attain VA-Guaranty financing. The lender will then order an appraisal of the property, and help you clear the final conditions required to close on your new home.

The Veterans News Network can help you find Veteran Preferred Real Estate and Mortgage specialists in your area – “The Source Vets Trust”.