Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 479-8583
Call Today!

Listing Search

VA Loans 32819 | 32836 | Wendy Morris Realty

NEXT
PREV
  Follow me: Kevin Strawter on Facebook Kevin Strawter on LinkedIn
Sat, Aug 29, 2020 at 6:45PM

VA Loans

By far VA loans is the best loan out there! currently 33% of veterans do not understand they have this entitlement. Why, because little or no down payment, no private mortgage insurance and always lowest rate than FHA and Conventional loan. for serving your country this is a huge benefit for the rest of your life.

Benefits 

As long as you have an honorable discharge that shows on your DD214, decent income and above substandard credit score.  You must pay a one time VA Funding fee and can roll it into the loan. If you are 100% disable and prove it, you are exempt. If you are partially disable, a percentage will be shaved off. Limited cost out of pocket are appraisal, credit report, origination fee, recording fee, survey (if applicable) and title insurance. It pays to use a seasoned Realtor and lender that knows the VA process which can streamline the process. the home you pick need to meet VA standards and appraisal process which is tailored from the traditional standard. Having an executed contract on a home that you have found, there are necessary steps you must follow, keep your job, make all payments on time, if change jobs stay in the same field of work, do not incur debt, always communicate with your realtor and lender before making any financial decisions.

Process

Find a home, write a contract, send earnest money deposit to title company, title and survey ordered, lender order appraisal, turn required documents to your  lender. all documents sent to underwriter, commitment letter from lender, clear to close. schedule closing date. Golden rule, if in doubt, ask. During this process you must not move money around if you don't have to. Why? because you will have to account for it.  Your lender will explain all associated fees with loan and standard charges. Keep a notebook and take notes to stay on track. Any additional income coming in must be sourced and tracked. Each season demographically has pro's and con's of home buying.  If you are serving and have served in the military you are doing discredit to yourself not taking advantage of this entitlement. Veteran's are the best and I am one of them. 


Bookmark & Share



User Comments


Be the first to comment on this post below!


Popular tags on this blog

#Bassfishing | #centralflorida | #chainoflakes | #conservationlots | #creditscore | #curbappeal | #customhome | #disney | #drphillips | #events | #floridarealtor | #gatedcommunity | #golfcourse | #golfcourselessons | #homebuying | #homeinspection | #lifestyleliving | #mortgagefreehome | #sellmyhome | #smarthome | #themeparks | #VALOAN | #VAREP | #veterans | buying a home |

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: | Stellar MLS (updated 10/29/20 2:33 PM)
Featured Listings
Orlando Real Estate
$499,900
4 BED
3.5 BATH
https://www.youtube.com/watch?v=Qp9xUYyJFL8&feature=youtu.be Luxury Lakefront Estate home in 24/7 guard-gated community ... Read More
Orlando Real Estate
$399,000
3 BED
2.5 BATH
Martha Stewart inspired split floorplan features a 3 bedroom, 2 ½ baths, Den and 2 car garage is on a beautiful oversi... Read More
Orlando Real Estate
$115,000
1 BED
1 BATH
A beautiful 1/1 on the first floor. New laminate floor, located in the gated community of Sand Lake Private Residences,... Read More
Orlando Real Estate
$355,000
4 BED
2 BATH
This home has been carefully cared for. Located in sought after the Dr. Phillips community. Within 30 minutes of downtow... Read More
Orlando Real Estate
$547,000
4 BED
3.5 BATH
With great interest rates and low inventory, you should see this gorgeous home called the "Madison" floor plan built by... Read More
Orlando Real Estate
$414,900
3 BED
2.5 BATH
Beautifully renovated corner unit. Located in Somerset Shores, a gated community of only 46 town homes, in the heart o... Read More
Orlando Real Estate
$535,000
3 BED
2.5 BATH
** View this home 24-hours a day with our 3D virtual tour ** New 47K California Boral Tile roof installed in 2015, Perf... Read More
Orlando Real Estate
$399,900
2 BED
2 BATH
Located in the heart of Dr. Phillips this meticulously maintained property within the guard gated community of Vizcaya l... Read More
Orlando Real Estate
$789,000
3 BED
3 BATH
Seller open to SELLER FINANCING or RENT TO OWN. Welcome home to the Stonehaven, a one-story floorplan that is perfect ... Read More
Orlando Real Estate
$559,000
4 BED
3 BATH
Location location location! Price reduction ! Seller says bring offer! CUL DE SAC! NO REAR NEIGHBORS ! Wonderful 4 bed p... Read More
Contact Kevin Strawter

407 479-8583

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
14832 Speer Lake Drive
Winter Garden, FL 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2020 drphillips.info - all rights reserved. | Site Map | VA Loans 32819 | 32836 | Wendy Morris Realty