Talk of The Villages Florida - View Single Post - VA Loan Certificate In Process
Thread: VA Loan Certificate In Process
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Old 09-22-2010, 03:12 PM
sista sista is offline
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Quote:
Originally Posted by merled View Post
Hi,

We have been in touch with a TV Bank to discuss buying now if we find just the right home. I plan to retire next end of July, 2011. Of course that temp loan comes with a 20% down payment and closing costs. I say temp loan because once our house would sell the funds would go to pay off the TV home.
However after contacting the VA Mortgage Center we learned that we could get the same for no money down and possibly no closing costs. Plus with my 10% disability the pot got sweetened even more.
The question is has anyone else gone thru the process of using an approved lender for a VA loan and what are your thoughts.
We are so much looking forward to moving down and we look at homes every single day on the TV site.

Thanks, Merle
If you go thru a Villages realtor-- ie a new home-- they don't participate with VA loans. Look for a pre owned being sold by a non Villages realtor