The VA Loan Process
The VA loan process can seem complicated, especially for someone who has never procured a VA loan before, so we explained the process in these 8 steps:
Contact a VA-Approved Lender
VeteransLoans.com is a VA-approved lender. You can contact a loan specialist at (888) 232-1428 or fill out a form online at VeteransLoans.com and receive a free quote!
Fill Out An Application
After our loan specialists determine if you qualify for a VA loan, you will fill out an official application for a VA loan.
Determine VA Loan Eligibility
Once we receive your paperwork and application, we will use your DD-214 to retrieve your Certificate of Eligibility from the Department of Veterans Affairs.
Sign a Purchase Contract
After being determined eligible for a VA loan, it is time to shop for your home and sign a purchase contract!
Underwriting Process
Once you have signed a purchase contract, your loan specialist will work with you to collect information from you to submit to underwriting. This process ensures you have all the documentation and information prepared for closing.
Closing
At closing, you will sign a lot of paperwork to transfer and secure the ownership of your new home!
Contact a Loan Specialist
Securing a VA loan can seem daunting for first-time homebuyers. We deal with this process every day, so it’s second nature to us. But we realize that many of our borrowers are not familiar with the VA loan process. In this infographic, we break down the VA loan process into a few basic steps. If you have any questions, reach out to one of our loan specialists at VeteransLoans.com! Call (888) 232-1428 to speak with a loan specialist today.
