VA Loan Process - VA Home Recon

Buying a house is one of the most exciting purchases we make in our lives, and to some, a symbol of achievement. Home ownership is more than just a financial investment — it is an investment in home, in family and in the future.

Equipping yourself with all available resources will help you prepare to move forward in the homebuying process. Although the nature of any home purchase can cause a certain level of anxiety, we strive to make the process as easy as possible. After all, it's not every day that you buy a home. You should enjoy the experience.

Your path to homeownership:

1.Prequalify

Prequalifying is important because it gives you an estimate of how much home you can afford while laying a foundation for the financing process moving forward. Our VA Loan specialists will be able to tell you immediately whether the VA Loan is a right fit for you at this time or not.

Getting started is as simple as filling out our quick and secure contact form HERE. Once you've completed our contact form, one of our VA Loan specialists will reach out to you to discuss your unique situation.

Even if you aren't sure of your credit, don't worry, we have the resources in place to guide you on your path to financing your home.

2. Get Pre-Approved

At this stage, you'll receive a preapproval package of documents that contains everything you need to obtain a VA home loan.

While the paperwork may seem overwhelming, you can relax in knowing we've already completed the hard work for you. We can issue a preapproval letter, proving to your real estate agent you are financially able to purchase a home.

Meeting Conditions in a Preapproval Letter

Receiving your preapproval letter is an exciting step, but there's a little more work to do. Your VA Loan specialist will identify a list of conditions that must be satisfied in order to finalize your VA Loan paperwork. All of the conditions listed in the letter are important and your financing can fall apart if any of them aren't met.

Examples of documents required in your preapproval process

•Pay Stubs

•Tax Returns and W2s

•Employment History

•Bank/Investment Statements

•Evidence of Real Estate Assets

3. Find a Realtor and Begin your Home Search

CLICK HERE to find an agent

4. Making an Offer

When you find that perfect home, it's time to make an offer and negotiate a contract with the seller. It's important that your real estate agent know the ins and outs of the VA Loan so they can structure the contract to assure you retain the ability to put no money down if you so choose.

5. Processing & Closing

Once you're under contract to purchase a home, your loan documentation will go to an experienced underwriter for review. It is the underwriter's job to ensure that everything is accurate and meets VA guidelines. Once the loan is approved, a closing date will be scheduled. At closing, you'll sign paperwork, finalize your VA Loan and take ownership of your new home.