Apply For A VA Loan, Then Get A Home

If you are considering becoming a home owner, there are a few things that you will need to have. A good real estate agent is one, some education about the process is another, and finally having a loan in place before you shop is the most important. The number one reason home purchases fail to complete is that the buyer was not qualified.

When you get a VA loan, it's more than just a loan. The benefits of such a loan are immense and countless when compared to a traditional, conventional loan. For starters, the VA home loan is just plain easier to obtain if you're a veteran than a conventional loan. With no down payments and guaranteed loans, you don't need to worry about whether you're going to get the money in the first place, or if you'll qualify. If you're a vet, or the spouse of a vet who died in the line of duty (and you haven't remarried), you're eligible.

A VA loan looks good to a sellers, too. Even if you spent the entirety of your military career in a support unit, oiling tank parts, the fact remains that you did your part and people are grateful. Military history and a VA loan look good to sellers.

You put less money at risk when taking out a home loan through the VA loan program. For starters, you don't have to worry about escrow, since your loan is not going to get denied as long as you have loan approval. You don't have to worry about losing money on appraisals and home inspections if you're buying, and a full loan approval essentially means you have a blank check: if you think you can eventually pay it off, you can borrow that amount.

VA loan transactions typically close a lot faster than traditional loan transactions, as well. You may well be moving into your new home in just a few weeks. When going through a traditional loan, you risk denial, and when you get denied, you may have to wait two or three months before you can finish the transaction.

All in all, there's absolutely no reason not to look into VA loans if you're a veteran or the spouse of a veteran looking to buy a home. You don't have to worry about down payments, qualifications, getting denied or losing money in escrow, your ties to the military look great on paper, and it can move you into your dream house faster than you thought possible.

If you're eligible for a VA loan, there are absolutely no real downsides, so look into this opportunity before you start home-shopping.


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To apply for a VA loan, visit or call VA Loans / VA HLC.
Philip Georgiades is the Chief VA Loans
Steward for San Diego VA Loan Center.