UNDERSTANDING VA LOANS
Writing a VA loan on a Phoenix area home, can be a little intimidating.
That's because there are some fees a Veteran is not allowed to pay for. So the sellers get nervous thinking they have to give up more of their profit.
Giving up their profit may be where some patriotism ends.
But I digress.
Here are some things to know when writing a VA offer.
Writing and offer for a buyer using a VA mortgage is different from anhy other type of offer. There are four important VA specific differences that if not understood can cost a VA buyer money and time. This guide will help you protect your veteran clients.
1. TURN TIMES
- Appraisal: In AZ, Va appraisers have 7 business days to complete an appraisal.