The misconception about VA loans….
After speaking with a client that will be relocating to Ft Bragg about their financing this is the question I received via email.
Melissa, I am not certain why you want us to call this bank to get qualified, we told you we were getting our loan from VA??
This is not the first time I have heard this question and it certainly will not be the last….
Since a good portion of my buyers are using their VA entitlement from their service time I am pretty good at explaining the ins and outs of using a VA entitlement.
When you are purchasing your home you must speak with a bank of your choice to get qualified for your loan, because they are the ones that are going to give you the money to make your purchase. The Department of Veterans Affairs is ONLY backing your loan, kind of like your co signer so that you do not have to put any money down!
That is right NO MONEY DOWN to buy a home for you and your family! What a great program the government has given to anyone who has served in the military and been honorably discharged!
If you have any more questions about using your VA entitlement give me a call! If I don’t know the answer I certainly know some who does! What are you waiting for you know you want to pick up that phone!! ~smile~
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