There are plenty of resources to get an education about VA home loans. Are you a real estate agent feeling like you’re at a disadvantage because you don’t know VA loans very well?
There’s much to learn about the process that can help you understand what your veteran and active military clients go through when they get on the road to owning a home purchased with a VA loan. For example, when your military house hunters come to look at a nice property, you can get a feel for where they are at in the buying process with a few non-intrusive questions.
If the buyer doesn’t have a VA certificate of eligibility yet, chances are the buyer is on a window shopping trip, except in those cases where your potential client doesn’t realize it’s best to have that certificate in hand when seriously looking at a house.
Is your client pre-approved for a VA loan amount? If so, your role obviously changes—once that house hunter finds a property in their price range, the wheels of the VA loan process can really begin turning. The resources for VA loan information are numerous, from the VA itself to sites aimed specifically at military audiences such as Military Hub. The military-oriented sites are excellent because you’ll learn about the VA loans process the way the buyer learns. It’s good to read about VA mortgages from the lender’s perspective and from the point of view from the VA to the lenders too--knowing both sides of the story goes a long way toward helping your military clients get what they need.
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