ARE YOU A VETERAN? LEARN THE REQUIREMENTS FOR YOUR VA LOAN TO BE APPROVED!
Many buyers who have been in the U.S. armed services may qualify for a low-interest, low down-payment mortgage. But did you know the house you are buying must meet certain requirements as well?
Learn what issues to look out for in order to get your loan approved by VA. Your agent can help you negotiate with the seller to make repairs, if needed. Requirements are usually safety issues that are relatively easy fixes— railings that are up to code, peeling paint that needs touching up, etc.While this type of loan may take a bit longer than a standard mortgage, I have found the VA banks to be extraordinarily helpful— the loan officers actually return my calls! USAA Bank is one that comes to mind. So if you have served our country in any capacity that qualifies for this benefit, make sure to take advantage of it when applying for a mortgage.