If you've never bought a home before, it can be hard to know what steps there even are and what order they happen in. To make things simple, we've decided to break the VA loan process down into just 6 steps.
One of the first things you'll need to do is make sure you meet the qualifications for a VA loan. After that, you should contact a couple of lenders and get pre-approved before starting on your actual home search. Once you make an offer and have it accepted, then it's time for the VA appraisal. As long as it passes the appraisal, you should be able to close on the home and move in.
While each of these steps has additional details associated with it, Eric covers all of them within the actual video. Make sure you watch the whole thing so you're fully prepared for the entire VA loan process.
Additional Information about VA Loan Service Eligibility: https://www.va.gov/housing-assistance/home-loans/eligibility/.
Additional Videos about DTI & Residual Income: https://youtu.be/bgz48qrRs8Ahttps://youtu.be/coQtGFdc2Pc
Additional Video about VA Appraisal Waivers:https://youtu.be/gRAVQpey4VA
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This video is not intended for residents or homeowners in the states of WA, NY or MA.
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