We just got our credit score up. Who should we talk to next to go through the VA loan process?

2020-01-22T22:52:40-05:00

Response by SGT Michael Hill made Jan 22 at 2020 11:30 PM

2020-01-22T23:30:07-05:00

I would recommend a mortgage company called the Money Source. I have used them for the last four years. Good caring people.

Response by CW2 Private RallyPoint Member made Jan 23 at 2020 5:41 AM

2020-01-23T05:41:59-05:00

Are you trying to purchase a home? Be aware that if you are trying to buy a house using the VA loan you should know the following:

1. Using the VA loan is the most expensive way to purchase a house. Why? Because it allows you to buy the house with $0 down and most likely you’ll sign for a 30 year loan. So by the time you finish paying for the house you’ll pay triple the amount.

2. You should wait until you are in your final years to purchase a house. Why? No one ( most people) lives in the same house for 30 years. You’ll have problems selling the house. People always say, just sell it. It’s hard to sell something and break even.

2. If you really want to buy a house. Save for 20% of the down payment. Have no debt. No car payment, no credit cards, NO DEBT. and sign for a 15 year loan.

People often think that owning is better than renting because mortgage tends to be lower than your monthly rent. While that’s true, when you rent, you don’t have to worry about a broken AC, heater, broken pipe, etc. So my advice to you would be don’t rush buying a house. Get yourself ready before making the BIGGEST purchase of your life. If you make only a 3% mistake on a $200,000 house that equates to $6,000 dollars. Get rid of debt, save money, and then buy a house. But these are just advices. Do what you think is right. Best of lucks.

Response by CPL Rodney Washington made Jan 23 at 2020 7:04 AM

2020-01-23T07:04:48-05:00

I suggest Vererans United. My loan officer was Tina Guerra. Everything was accomplished online and I was Pre Approved which is better than Pre Qualified in a week

Response by SSG Carlos Madden made Jan 23 at 2020 10:17 AM

2020-01-23T10:17:30-05:00

Find a good loan officer who is familiar with the VA process. Sgt William Kelley did my loan (first time home buyer) and was super helpful and responsive during the whole process.

Response by MSG Scott Beck made Jan 23 at 2020 1:45 PM

2020-01-23T13:45:51-05:00

Any financial institution with Mortgages and excepts Va loan process.

Response by SPC Richard Zacke made Jan 26 at 2020 8:59 PM

2020-01-26T20:59:14-05:00

Call Quicken loans or Rocket loans (same company) they did my refi and it was all on line and really fast and they are good to Veterans. My refi was fast and I went from a 5.25% to a 3.25% 2 whole points mt mortgage went from over $1200 a month to $879 a month I pocket three benjimins a month and they came to my house for the closing. Make sure you have your COE (certificate of eligability). I had their card around here somewhere but I can't find since wife cleaned up offiice but you can google them. I replied to a question like this I hope it wasn't this one!!! Good luck.