VA Simple Mortgage Steps | VA loan tips| VA tips & IRRRL tips | VA loans : Learn 4 really Simple Mortgage Steps and tips about VA loans including IRRRL loans that most vets don’t know! VA loan tips that you should know in 2018! These great VA loan tips and VA loans including VA 100% cashout loan can make a big difference.
Number 1- A high debt ratio! There is no guideline I’ve often seen VA loans go up to 70% Debt to Income Ratio. It’s based on a couple of factors. When we run it through FNMA’s website to get
the DU approval it’s looking for a couple of things. 1)do you have a great credit score? If you have very good credit it’s going to be more lenient on the debt ratio. Do you have extra money left over? This is called a residual income. On the west coast, a residual income of $1,117 a month for a family of 4 is a requirement to get a VA loan. It must be left over after paying your principle, interest, taxes, insurance all your debts, your income taxes and we even
have to add $.14 a square foot to the size of the house so at 2,000 square foot house we have to add $280 a month. We add all these things together and you must have $1,117 if you are a family of 4, left over. But, if you have 20% more than that it could go to an unlimited debt ratio.
Taking advantage of the VA home loan process, the best VA loan lenders and to have VA home loans explained properly and take advantage of VA loan tips from an experienced VA lender, whose loan tips can save you lots of money and stress, he offers the best VA loan tips and VA insider tips in the VA mortgage industry!
Learn the VA loan secrets and VA insider tips as well as the VA home loan process.
Number 3 -A refi with 100% cashout of the value of your home. That’s a big deal. On a conventional Fannie Mae or Freddie Mac loan, 80% of the appraisal that’s how much you can get cash appraisal that’s how much you can get cash out if you maybe want to pay off bills do is 80% of the appraised value that’s where
it maxes out. On an FHA loan it’s 85% but then, of course, you’re paying PMI. Nobody wants to pay PMI there are good reasons
for it but on a VA loan you don’t pay PMI and you can go all the way up to 100% of the value that the house is appraised for. That’s a big deal. Number 4 Did you know if you’re purchasing a home with
a VA loan you can get a million dollar loan. VA loans what you need to know! VA loan secrets and VA insider tips
$1,000,000 loan is just one of the best VA loan tips. VA Tips can save you a lot of money using IRRRL facts for veterans! We also have some VA IRRRL tips!
Most people don’t know that so they wind up with Jumbo loans lesser loans and loans that just aren’t as good, so take a look at a VA loan, take a look at taking advantage of you VA eligibility because you’ve earned it. thanks for watching this video I hope you enjoyed it and if you want to get started today stop procrastinating either call me up 310-350-2546 or go to the website right here you’ll see www.FireYourLandlord.info click on the apply now button we’ll get you started we’re going to Fire Your Landlord!
When it comes to a VA mortgage, Chris Trapani is ready to help you get a VA loan prequalification, buy or refinance through a VA IRRRL loan (often called a VA streamline). To have VA home loans explained and offer VA home loan tips gives you great need to know information about the VA loan process and how VA loans work. It’s super important to have someone that really understands the VA loan process.
This will require the verification of information for this more detailed action. The VA loan process and a VA mortgage itself have a few extra steps that a rookie loan officer wouldn’t know, so it’s best to use a VA loan specialist like Chris. You can always apply with a VA home loan application at www.ChrisTheMortgagePro.com or to use a VA IRRRL program and VA IRRRL rates. Take advantage of the best VA loan tips! Did you know you can get a VA 100% cashout loan! What is VA IRRRL? With a VA 100% cash out loan, you have more options than ever!
Find out if you qualify for a VA house loan, but also, what you need to do to qualify for Veterans home loans if you are not quite ready today! Chris will help you get ready!
To learn the VA home loan process and have VA loans explained including 100% cashout loans of how VA loans work, fo to a VA loan expert & Rancho Cucamonga Loan Officer, Chris Trapani!
For a VA home loan application online and the best VA lenders in the VA mortgage industry, please click here www.FireYourLandlord.info
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RELATED: VA Simple Mortgage Steps | VA loan tips| VA tips & IRRRL tips | VA loans
Learn 4 really Simple Mortgage Steps and tips about VA loans including IRRRL loans that most vets don’t know! VA loan tips that you should know in 2018!
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