How Do VA Loans Work? – New Florida Mortgage

Florida Home Loans News

How Do VA Loans Work? – New Florida Mortgage

How Do VA Loans Work Purchasing a home is probably the biggest financial decision you’ll ever have to make. If you’re a veteran, you can apply for a VA loan to buy an existing home, construct your own house or purchase a condominium or townhouse. What’s more, VA loans can also be used for making home improvements [.]

Work with the lender to complete a loan application and gather the needed documents, such as pay stubs and bank statements. Loan Processing. The lender orders a VA appraisal and begins to "process" all the credit and income information. (Note: VA’s appraisal is not a home inspection or a guaranty of value.

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The VA loan is a $0 down mortgage option available to Veterans, Service Members and select military spouses.VA loans are issued by private lenders, such as a mortgage company or bank, and guaranteed by the U.S. Department of Veterans Affairs (VA).

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Gustan Cho NMLS 873293 is the National Managing Director at Loan Cabin Inc, NMLS 1657322. Gustan Cho and his team of licensed mortgage loan officers and support staff are experts in originating and funding loans with no lender overlays.

If you’re looking to buy or refinance a home in Florida, you have many mortgage lenders to choose from. We help you choose the best lender of 2019 for you.

VA Construction Loan Building a custom home is the dream of many Veterans, however many Veterans are wrongly informed that lenders do not offer a VA construction option. Our Loan Originators are experts in helping Veterans achieve their dreams of being a home owner and are now offering our borrowers the option to build a home with as little as.

We have worked with Blue Water Mortgage group several times over the years, they helped with our home purchase, sale and refinancing. Kristina Young especially made the process easy and everyone we worked with was very responsive, worked diligently and happily answer questions along the way.

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