VA loans are often made without any downpayment at all. Aside from the veteran's certificate of eligibility and the fact that the appraiser is assigned by VA, the application process is not much different than any other type of mortgage loan.
Bay to Bay Lending is approved for automatic processing and a buyer's loan can be processed and closed by the lender without waiting for VA's approval of the credit application or for VA to review the appraisal. Bay to Bay Lending is able to use VA recognized automated underwriting systems, such as Loan Prospector and Desktop Underwriter, to facilitate the underwriting process.
FIVE EASY STEPS TO A VA LOAN
1. Apply with Bay to Bay Lending, LLC for the loan.
2. Apply for a Certificate of Eligibility (This is done by the lender)
3. Decide on a home to buy and sign a purchase agreement
4. Order an appraisal from VA. (This is done by the lender.)
5. Close the loan and move in.
Contact me with any questions to get started on your VA loan at 813-489-5689 or 813-385-1109
Jason R Hands
Bay to Bay Lending, LLC
501 S Dakota Avenue, Suite 2
Tampa, FL 33615
813-489-5689 - Direct
813-385-1109 - Mobile
866-216-6322 - Fax
NMLS Originator ID: 214834 FL # LO562
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