Robert Krowel VA Loans
Robert Krowel & VA Loans
I want to talk about VA loans in this Blog. Give you insight of VA loans and what it takes to get a VA loan. VA loans are made through private lenders and are guaranteed by the Department of Veterans Affairs, so they do not require mortgage insurance. There's no minimum credit score requirement.
I think the first thing is to say to all Veterans is Thank you for you service. I appreciate everything that you have done.
Who is eligible for a VA loan? Active military personnel, and veterans that have served in the armed forces and National Guard. Spouses of veterans that have passed away or have disabilities also qualify. Its all based on the Certificate of Eligibility. This will give you the amount you will qualify for.
Advantages of VA loan. This is probably one if the easiest loans to qualify for and you don't need any money down. this loan is guaranteed by the VA and has no Mortgage Insurance.
Who pays the fees? my team and I try and cover all fees on these loans. the thing i see veterans having to pay is the taxes and insurance. I cover all fees in most cases.
Interest Rates? the interest rates are usually one of the best rates out there. They tend to be lower then Conventional and FHA loans.
What does it take to qualify for a VA loan? 1st is to be a veteran or spouse like I have stated above. You will need at least a 580 credit score and a job for at least a year. It will also take you to qualify Debt to income as well. This varies depending the borrower and if we get a DU approval or if its a manual underwrite. Loans that have a DU approval are able to go much higher then usual on a VA loan. If it is a Manual underwrite then they tend to want to see the ratios no higher then 45%. this is also dependent on the situation.
If you are ever in need of a VA loan please reach out to me (Robert Krowel) or one of my team members. please go to Va loans Specialist and click apply and we will get you Pre approved. You can also reach me at 951.756.3748
Thank you
Robert Krowel
I want to talk about VA loans in this Blog. Give you insight of VA loans and what it takes to get a VA loan. VA loans are made through private lenders and are guaranteed by the Department of Veterans Affairs, so they do not require mortgage insurance. There's no minimum credit score requirement.
I think the first thing is to say to all Veterans is Thank you for you service. I appreciate everything that you have done.
Who is eligible for a VA loan? Active military personnel, and veterans that have served in the armed forces and National Guard. Spouses of veterans that have passed away or have disabilities also qualify. Its all based on the Certificate of Eligibility. This will give you the amount you will qualify for.
Advantages of VA loan. This is probably one if the easiest loans to qualify for and you don't need any money down. this loan is guaranteed by the VA and has no Mortgage Insurance.
Who pays the fees? my team and I try and cover all fees on these loans. the thing i see veterans having to pay is the taxes and insurance. I cover all fees in most cases.
Interest Rates? the interest rates are usually one of the best rates out there. They tend to be lower then Conventional and FHA loans.
What does it take to qualify for a VA loan? 1st is to be a veteran or spouse like I have stated above. You will need at least a 580 credit score and a job for at least a year. It will also take you to qualify Debt to income as well. This varies depending the borrower and if we get a DU approval or if its a manual underwrite. Loans that have a DU approval are able to go much higher then usual on a VA loan. If it is a Manual underwrite then they tend to want to see the ratios no higher then 45%. this is also dependent on the situation.
If you are ever in need of a VA loan please reach out to me (Robert Krowel) or one of my team members. please go to Va loans Specialist and click apply and we will get you Pre approved. You can also reach me at 951.756.3748
Thank you
Robert Krowel
No comments:
Post a Comment