hi: REALTORS BEWARE. VA LOAN MILILANI,HI - 07/27/09 04:10 PM
Just when you thought it was safe to get in the car and look for properties...
I know its great to get a potential lead. A client that is so interested in seeing a home they sleep on your door step so you can go out looking bright and early. Out of courtesy, insanity or lack of experience you don't ask if they have talked to a Lender.  you land their dream house only to find out a week later that they haven't paid their child support, they are 3 payments behind on their car and they are nowhere to be … (0 comments)

hi: HOW TO DO IT RIGHT. VA HOME LOAN EWA BEACH, HI - 07/19/09 08:19 PM
I recently did a transaction for a 22 yr old E-4 in the Army. He was fresh in from his last station. No sooner had he landed when he contacted me to see how much house he could qualify for. These calls get me very excited because at such a young age he gets it. Soon after we closed he deployed, however before leaving, he secured other military personnel to rent to. This has put him in such a great position in many ways. First, and most obvious he has an investment that was 100% leveraged, and a tax write off. Even better he has … (2 comments)

hi: ATTN REALTORS: VA BASICS. KAPOLEI, HI - 07/14/09 12:00 PM
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 comments)

hi: Va loan keeps getting better. makakilo, HI - 07/14/09 11:30 AM
while lending keeps getting tighter with rules and regulations, The VA loan stands solid. True ratios have been cut, and credit requirements are stricter, however pound for pound if you are working with an experienced VA LO you should be fine.
Recently I was given a lead on a VA client. No sooner had the lead been given to me when the referring agent frantically called me back and asked me not to contact the client as they had elected to use Navy Fed.  Several days passed and yesterday my phone rang. It was the same frantic Realtor asking me to once again … (0 comments)

hi: Here today gone tomorrow. Va Loan makakilo,HI - 07/09/09 05:52 AM
I never am the guy that wants to share bad news or focus on a negative.  After saying that the lending arena is getting worse. Take the VA loan for instance. Lenders are guaranteed that the VA will pay them 25% should a borrower default. One would think it would be a pretty safe bet for a Lender to give money to a qualified Military member as they have job security. In addition the Lender will get at least 25% of their money back. In the not too distant past Lending money to service member's that had a 580 mid score and a 70% Dti … (0 comments)

hi: va buyers objection #200 Ewa Beach, HI - 07/07/09 09:05 PM
One of the most frequent objections I hear to not wanting home ownership is " I'm only going to be here three years" Lets examine that just a little. Firstly If they are  an E-5 they are going to be throwing away about $60,000 just in BAH. In addition there is no tax write off. Most people forget that a huge advantage of home ownership is to fight uncle Sam. I recently heard someone tell me that they don't want to own because its too expensive to pay for utilities.  Folks base housing is not free. I have heard alot of objections in the face … (3 comments)

 

Dave White

VA Loan Hero

Kapolei, HI

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VA LOAN HERO-ALOHA LENDING SERVICES

Address: 94-1024 Waipio uka St #207, Waipahu, Hi, 96797

Office: (808) 382-7444

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