VA Loan Process
The first step in the VA loan process is to obtain a Certificate of Eligibility (COE). This is a formal document that explains what VA entitlement you possess. This can be obtained through the Department of Veterans Affairs. Our VA loan specialists can help you obtain your COE, within a matter of minutes. Although you do not have to have your COE upon initial loan process, it is best to secure it upfront.
The VA Loan Home Buyer Process
- The first step in the home buyer process is to get Pre-Approved. We will give you a list of documents that we will need in order to obtain a VA home loan. Examples of a few of the documents needed would be Pay stubs, tax returns, W2s, bank statements. Once you receive a Pre-Approval letter you are ready for the next step.
- Find a Real Estate Agent and start your home search. Many times buyers use this as the first step and not realize how much they even qualify for and waste countless hours and days looking at houses that they do not qualify for and not looking at houses they do qualify for. Many times for a higher amount. We will help you find a Real Estate Agent who knows the ins and outs of a VA loan for home buyer.
- Once you find the home you want, it is time to make an offer and negotiate to a price Once the negotiated contract is ready we will start the loan process. At this point the COE is required, although we will obtain it for you upon initial consultation.
- The loan underwriter will now verify financial information that you submitted. They may require additional documents as needed. All documents and financial information must meed the VA loan guidelines. Once the loan is approved, a closing date is scheduled. At the closing you will sign the loan documents and take ownership of your new home.
Our Veterans Administration Mortgage Loan Specialists are available to answer any questions you have.
This site is not connected with any government agency. If you would like to find out more information about benefits offered by the U.S. Department of Veteran Affairs, please visit the official U.S. government site for veterans' benefits at http://www.va.gov