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ATTN REALTORS: VA BASICS. KAPOLEI, HI
just some humble advice to all in our profession. when gathering your facts and information on your interview don't forget to ask a the crucial question " do you have any military service" If so chances are you have a transaction that will stick as long as your loan officer is experienced with VA transactions. If they don't know the basics run for the hills because the transaction will be a nightmare. Here are some basic questions.
 
1.Q. who is the head of the appraisal department at the va
A. Ray Chang
2. What is the max lending limit with 0 down
A. $783,750
3. what is the minimum mid fico score
A. 620
4. who is entitled to more money coast guard or navy?
A. all service members are entitled to the same amount
5. where does one go to get a VA certificate of eligibility?
A. VA Portal
These couple of very basic questions can mean a lot less headache for you and your client.
Thats all Folks
... more

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