Quote:
Originally Posted by Mickedamouse24
Thanks for the info folks. I have bought two homes over the years using the VA and never had any problem! Again, seems to be that with a purchase as significant as a home, you would want there to be stringent controls for your safety and welfare. Live and Learn. Have a nice day!  |
I am certainly not a financier. Is there an advantage to using a VA loan or a VHA loan? The prime rate is very low right now. We have had 13 homes in our lifetime so far but had always used conventional loans. I would guess that very few people at retirement age would be financing the full amount for their home. There is a great percentage here who do not have a loan.
I don't understand your statement, "Again, seems to be that with a purchase as significant as a home, you would want there to be stringent controls for your safety and welfare,"
I am very cautious and conservative and did not feel that buying a home in TV posed a risk.
You do not have to use The Villages bank. There are several well known national bank offices near here.
I am not sure if you have visited here yet.
I welcome you and feel sure that your worries will be allayed. You are right to ask these questions.