Veterans United Realty Blog
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Three little “S” words: They can make or break a VA appraisal. If you’re familiar with the three “S’s” of the VA appraisal, you’re on track for a successful VA purchase. The VA appraisal ensures each home purchased with a VA loan is: Safe Sound Sanitary VA appraisers conduct a thorough review of each home [...]
It’s an extremely common question across Veterans United Network: “How long will it take to buy a home with a VA loan?” And it’s a tough one to answer. Buying a home is a multi-step process, and hiccups can occur at any stage of that process. But with good preparation and the right approach, VA [...]
CREDIT. Encompassing FICO scores, income, debt and employment, credit plays a huge role in the VA loan process. Fortunately for veterans and active-duty service members, VA loans feature relaxed credit requirements when compared to conventional loan programs. Wondering what lenders will expect from a VA loan applicant? Take a look at these four questions that [...]
How can agents and buyers ensure VA appraisal success? It starts with a simple walk around the home exterior. VA appraisers use “the three S’s” to ensure homes purchased by veterans are move-in ready and in good repair: Safe Structurally sound Sanitary Homes that don’t live up to “the three S’s” or the VA’s additional [...]
It’s the “information age,” not the “good information age.” Accurate information on any topic can be hard to find, and the VA loan process is no exception. From inaccuracies posted on message boards to bad blogs, VA loan myths abound. Let’s tackle the five most common VA loan myths and reaffirm the strength and flexibility [...]
A mortgage involves a mutual agreement between a lender and a borrower. The lender agrees to loan money for a home purchase, and the borrower agrees to pay it back. But before a lender doles out funds, the borrower has to establish their ability to repay the loan. How? Through income assessment. By looking at [...]
Yes, there is a VA loan limit. But there isn’t a maximum VA loan amount. Bewildered? Join the ranks of service members and real estate agents who are baffled by the mysteries of “VA loan limits.” Let’s wade through the confusion with a clear and simple explanation.
A buyer’s first mortgage involves a lot of big decisions. When sorting through VA, FHA, USDA and conventional loans, how can a buyer make the right choice? Loan costs should definitely factor into the evaluation. Fortunately for eligible military buyers, it is possible for VA loans to be less expensive up-front and over the long [...]
Lead-based paint can raise the hackles of any buyer. And for good reason. The ingestion of lead-based paint chips or dust has been linked to nervous system damage, kidney damage, and reproductive problems. Lead-based paint can also pose financing hazards to a potential VA loan borrower. The VA requires that loose lead-based paint be treated [...]
The incredible benefits offered by VA loans come with a few unique guidelines. Guidelines that can, logically or not, make sellers hesitant to accept VA offers. But experienced military-friendly agents have learned a thing or two about working with VA buyers. From their knowledge, we’ve culled five great tips to get your next VA purchase [...]
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