Talk of The Villages Florida - View Single Post - Attention Veterans
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Old 08-02-2011, 05:13 PM
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wendyquat wendyquat is offline
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After being a real estate broker for 30 years I can tell you that you might not even realize a difference in VA and other mortgages. All of it depends on the actual processor of the mortgage.

Conventional mortgages might seem to be more favorable but one needs to realize that MANY buyers NEED the 100% financing to even think of buying a home! This is the main purpose of VA loans and the veterans have earned this perc and more! The inspection might be a little more stringent but nothing that shouldn't be dealt with anyway.

There is NO way to tell you how long the process will take but it should not take any longer than FHA or conventional mortgages. As I've said it pretty much depends on who is originating the mortgage and the buyers ability to get the requested information in on a timely manner.

Relax and take it one step at a time and you'll be here before you know it!

Best of luck to you!