1. The first step in the VA home loan process is pre-qualification. To begin the process, complete the online loan application form on this page. From there a loan specialist will contact you via a brief phone conversation to determine your eligibility, match you with a loan officer and, if needed, a real estate agent.
2. When you meet the requirements, we will consult verification records towards pre-approval of the loan. You’re expected add your existing local rental otherwise financial pointers, paystubs, performs records, lender comments, tax returns, W2 models and you will child assistance otherwise splitting up decrees. A lot more papers can also be needed based on your unique state.
3. Just after you’re pre-approved, you can begin your residence browse! Our very own known buyer’s agencies costs zero percentage to you because of their provider. Might make suggestions Va approved home and you will assistance to their discussion and you may inspections.
4. As soon as your offer could have been approved and you may escrow try open the fresh new possessions might possibly be checked and appraised making sure that it is Va accepted. During this time period, one requisite fixes might be produced and your loan have a tendency to enter on underwriting. You are asked to provide the underwriter with files, if necessary.
5. Your own agent will take you step-by-step through brand new escrow techniques and you can address questions along the way. Whenever your package are closed along with your escrow closes, you will have the fresh new secrets to your brand new home at your fingertips!