Happy Veteran’s Day! In honor of Veteran’s Day tomorrow, we are going to be talking about some of the basic points of VA financing and what to consider if you are active/retired military and thinking of buying yourself a new home!
TALKING POINTS (3-5):
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Introduction
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What is a VA loan?
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Pros of a VA loan (from veteransunited.com):
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100% financing
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No PMI
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Higher DTI
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Flexibility with credit
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Better than average interest rates
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Seller can cover all closing costs
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Multiple refinance options
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No prepayment penalty
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VA loans are assumable
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Must appraise!
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Cons of a VA loan (from veteransunited.com):
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VA funding fee
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VA funding fee increases after the first use
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Loan could exceed market value!
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Can only be used for primary residences
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Weakest of all loan types
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Seller required to purchase the pest inspection as a requirement of the loan guidelines
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Do I qualify for VA loan?
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What do I need for my VA loan?
HASH TAGS:
# veterans
#HappyVeteransDay
#VA
#firsttimehomebuyers
LINKS:
JASON:
https://jasonwilcox.cbintouch.com/
https://www.zillow.com/profile/jasonwilcox1987/
https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber
https://www.facebook.com/jason.wilcox.186
https://twitter.com/jason_wilcox1
https://www.instagram.com/jason.wilcox1/
CONTACT INFORMATION:
JASON:
Cell Phone: 412-651-4638
Email: jason.wilcox@pittsburghmoves.com
AIR DATE: NOVEMBER 10, 2023