As a member of the veteran community or of the reservists, you are entitled to the benefits of the veteran home loan, better known as the VA loan. Here are three of the top tips compiled from various sources which will help you land the dream house you've been longing to own.
Check your credit report for inaccuracies
Let's face the reality that many of us have debts to one or more providers. But being in this situation should not prevent an individual to pursuit more for himself or for his family. Though you have outstanding credits or loans, you can still qualify for a VA loan. However, to obtain better standing from the loan provider, you must check your existing credit report for any inaccuracy. Why? Because, credit and home loan providers use the credit report as basis as to how much you can borrow from them. Make sure you obtain credit reports from the three major credit bureaus as each one might have different views of your credit status.
Minor as the inaccuracy may seem such as details on your personal information could make or break your chances on the VA loan. Much more if the inaccuracy involves figures!
This is an essential step not only to determine how much you are qualified to borrow relevant to the VA loan. This is very crucial because the amount that will get pre-approval will be the measuring gauge for your house hunt. Why? Because you will have an idea of the price tag that you should aim for of the house you want to own. This also translates to the time you will save. You won't need to start hunting for the house until you're pre-approved. It will also spare you from the frustration of finding a house you really like only to turn it down later because your VA loan doesn't fit its price.
Work with a military relocation expert
Along with the above two tips, it really pays to work with an expert who knows the in and out of obtaining not only the right VA loan for you but also the right type of house which will suit your preferences, lifestyle, and needs. Having one on your side will give you the confidence that you are on the right track of realizing your dream home purchase. There are many military relocation professionals around your locality. It always pays to go for a trusted and reputable one!
Desare Kohn-Laski is a proud realtor and experienced Military Relocation Professional in Florida. She is a real estate broker who is knowledgeable and familiar of the South Florida real estate market. Her areas of services include Broward County, Palm Beach County & Miami-Dade County. Stop the chase for your dream house with her professional and expert assistance. For more information, hop on tohttp://www.skyelouisrealty.com.