VA Home Loan FAQs
I want to use my Veteran eligibility to purchase a home. Can you do this for me?
Answer: Absolutely, this is what I do!
I don’t have my certificate of eligibility, can you help me get one?
Answer: Yes as long we have a DD-214 or Statement of Service we can retrieve your certificate of eligibility electronically.
I used my VA eligibility to purchase a home before. Can I use it to purchase another home?
Answer: Yes.
Why is the loan amount higher than the sales price for a VA loan?
Answer: All VA Home Loans have a “funding fee” which is financed on top of the loan amount. This fee negates the need for mortgage insurance.
I am VA disabled (service related). Is there an additional discount available to me?
Answer: If you are at least 30% VA disabled, your loan will not have the traditional VA Funding Fee financed on top of the loan amount.
Can I purchase a home with someone other than my spouse as the co-borrower?
Answer: Yes, but the other applicant must be a veteran as well.
I don't live near Port St. Lucie, Florida. Can you still handle my VA Loan?
Answer: We can handle your VA Loan anywhere in the state of Florida.
Can I close my home VA Loan in my home town?
Answer: Absolutely.
How do all those documents get to my local Title Company?
Answer: FedEx or email.
I already applied to another Lender for my VA Home Loan; do I have to stay with them?
Answer: No you don’t. You can change your mind, and decide who you want to close your VA Loan. Transfer of your VA Home Loan is an easy process.
How will I know what the prospective home or my primary residence is worth?
Answer: We will order an appraisal done by a licensed VA appraiser in your area.
Who controls the interest rate on a VA Mortgage?
Answer: The market and investors, but VA Loan rates are typically the same or lower than conventional loans.
How will I know what interest rate I will get on my VA Home Loan?
Answer: After submitting the required paperwork, we lock your interest rate the same day.
I am a Widow/Widower of a Veteran. Can I qualify?
Answer: Yes you can, provided your deceased spouse died in the line of duty or from a service related cause.
I hate to fill out forms online; can I talk to a person?
Answer: Sure just call me at 772-340-4003 Ext. 202!
I don't feel comfortable giving my financial information over the Internet, what can we do?
Answer: We will do everything over the telephone or in person.
How long does is take to close my VA Loan?
Answer: It varies, but typically 15 to 30 days after all paperwork is submitted.
I am working with a Real Estate Agent.....is this OK?
Answer: No problem.
Another lender botched my VA Home Loan. Can I transfer my VA Loan to you?
Answer: Sure, no problem. Unfortunately, this is all too common.
I want to place my VA loan in your hands, what's next?
Answer: Call me at 772-340-4003 Ext. 202.
I want to move forward with you, what do I tell my Realtor?
Answer: Ask them to fax a copy of your contract to us at 772-340-4194, and I will give the Realtor a call to coordinate.
I just want to talk. Can I call you?
Answer: Sure, please call me at your convenience – 772-340-4003 Ext. 202