USA Home Loans strives to make your buying or refinancing process fast and simple. Get started by calling one of our VA loan experts today!
1. Get pre-qualified for loan amount
The following documents will determine how much you qualify for when purchasing a home.
To start the approval process please submit these items to your USA Home Loans mortgage professional.
2. Determine Eligibility for a VA loan
Once you are pre-qualified for a loan, USA Home Loans will request a Certificate of Eligibility (COE) from the VA. The Certificate of Eligibility ensures the borrower meets all guidelines and requirements to participate in the VA Loan program. Please provide us a copy of your DD214 or, if you are active duty, we will have you sign the VA 26-1880 to request your COE. Submitting any paperwork directly to USA Home Loans makes the process more efficient. USA Home Loans mortgage specialists can now issue a pre-approval letter for your real estate agent.
3. USA Home Loans processes your application and orders the appraisal
Once pre-approved, loan documents are sent to a loan underwriter for review. The underwriter determines if you are approved for the loan and if the loan meets VA guidelines. We will request an appraisal through the VA and this will be assigned to an approved VA appraiser to determine the value of the home. The VA loan program requires homes to be move-in ready. If there are any problems found during the appraisal process, they must be corrected by the current homeowner before the loan closes.
4. Find a house and sign Purchase Agreement
Working with a good real estate agent is essential to finding the perfect home. If you are not currently working with a real estate agent, please let us know and we will be happy to recommend an agent in your area. Once you find that perfect agent, they will assist you in making an offer and working out a contract with the seller. Make sure your real estate agent includes a ‘VA Option’ clause to the Purchase Agreement”.
5. Close on your loan and move into your new home
Once the loan is approved, you are ready to close the sale. At closing, the VA loan is finalized and you are ready to move into your new home!
No Down Payment | No Mortgage Insurance | Low Rates
USA Home Loans is an approved lender. Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.