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VA removes pre-approval process for some loans

VA removes pre-approval process for some loans

The VA is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for borrowers that apply for a joint loan.

The post VA removes pre-approval process for some loans appeared first on HousingWire.

VA removes pre-approval process for some loans
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VA removes pre-approval process for some loans
VA removes pre-approval process for some loans
VA removes pre-approval process for some loans
VA removes pre-approval process for some loans
housingwire housingwire | 1 year ago
The VA is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for borrowers that apply for a joint loan. The post VA removes pre-approval process for some loans appeared first on HousingWire.
The VA is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for borrowers that apply for a joint loan. The post VA removes pre-approval process for some loans appeared first on HousingWire.
Appraisal process for VA home loans | 2022
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Appraisal process for VA home loans | 2022
militaryvaloan militaryvaloan | 2 years ago
When you enter a contract to buy a new home, your VA lender will order your VA appraisal. This VA home appraisal has two goals: To define the fair market […] The post Blog first appeared on MilitaryVALoan.com.
When you enter a contract to buy a new home, your VA lender will order your VA appraisal. This VA home appraisal has two goals: To define the fair market […] The post Blog first appeared on MilitaryVALoan.com.
VA Appraisals and Fee Appraisers
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appraisaltoday appraisaltoday | 1 year ago
V.A. as a Model for Appraisals by Isaac Peck Excerpts: Step Above the Rest It’s not a secret that being on the V.A. appraiser roster is a coveted position for most residential appraisers. So, what exactly makes the V.A. so special? Rocha (V.A. appraiser) says the V.A. is a step above the rest primarily because of the following criteria. V.A. wants a good quality panel V.A. pays higher appraisal fees V.A. delivers fast turn times to veterans V.A. doesn’t use Appraisal Management Companies (A...
V.A. as a Model for Appraisals by Isaac Peck Excerpts: Step Above the Rest It’s not a secret that being on the V.A. appraiser roster is a coveted position for most residential appraisers. So, what exactly makes the V.A. so special? Rocha (V.A. appraiser) says the V.A. is a step above the rest primarily because of the following criteria. V.A. wants a good quality panel V.A. pays higher appraisal fees V.A. delivers fast turn times to veterans V.A. doesn’t use Appraisal Management Companies (A...
Pre-Qualification vs. Pre-Approval
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openmortgage openmortgage | 2 years ago
It seems like a straightforward question: What’s the difference between Pre-Qualification and Pre-Approval? A little online research may even convince you that it has a simple answer. However, digging a little deeper reveals that the difference between these early steps in a mortgage search may not be as clear-cut as homebuyers would hope. Fortunately, we […] Source
It seems like a straightforward question: What’s the difference between Pre-Qualification and Pre-Approval? A little online research may even convince you that it has a simple answer. However, digging a little deeper reveals that the difference between these early steps in a mortgage search may not be as clear-cut as homebuyers would hope. Fortunately, we […] Source
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appraisaltoday appraisaltoday | 1 year ago
VA Approves Desktops and Exterior-Only Appraisals Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. “The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.” “Appraisal Assignment Waterfall...
VA Approves Desktops and Exterior-Only Appraisals Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. “The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.” “Appraisal Assignment Waterfall...
VA now accepting desktop and exterior-only appraisals
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housingwire housingwire | 1 year ago
The Department of Veterans’ Affairs announced last week via a circular that it would allow desktop and exterior-only appraisals for some transactions. The post VA now accepting desktop and exterior-only appraisals appeared first on HousingWire.
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House passes bill to modernize VA appraisals
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housingwire housingwire | 1 year ago
Bill that passed the House will permit the VA to accept desktop appraisals and, in some circumstances, waive appraisals altogether. The post House passes bill to modernize VA appraisals appeared first on HousingWire.
Bill that passed the House will permit the VA to accept desktop appraisals and, in some circumstances, waive appraisals altogether. The post House passes bill to modernize VA appraisals appeared first on HousingWire.
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There’s nothing worse than thinking you understand your potential mortgage payment, only to discover that it will be much larger than you planned! Your mortgage is likely your most significant monthly financial commitment. Is there a way to estimate it early in the loan approval process to help you make the best real estate decision? A mortgage calculator might be your answer. Mortgage calculators have come a long way, and the latest versions account for nearly all of the expenses related to y...
There’s nothing worse than thinking you understand your potential mortgage payment, only to discover that it will be much larger than you planned! Your mortgage is likely your most significant monthly financial commitment. Is there a way to estimate it early in the loan approval process to help you make the best real estate decision? A mortgage calculator might be your answer. Mortgage calculators have come a long way, and the latest versions account for nearly all of the expenses related to y...
What Is a VA Home Loan? Requirements, VA Loan Process, and More
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totalmortgage totalmortgage | 1 year ago
Planning to purchase a home or refinance an existing one? If you served in the military or you’re a surviving spouse, then a VA home loan may be an option worth considering. However, you must meet requirements set by the U.S. Department of Veterans Affairs (VA) as well as lender credit and income conditions to... View Article
Planning to purchase a home or refinance an existing one? If you served in the military or you’re a surviving spouse, then a VA home loan may be an option worth considering. However, you must meet requirements set by the U.S. Department of Veterans Affairs (VA) as well as lender credit and income conditions to... View Article
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keepingcurrentmatters keepingcurrentmatter... | 1 year ago
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways. To better understand why, it’s important to know what pre-approval is. Freddie Mac defines the process like this: “A ...
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways. To better understand why, it’s important to know what pre-approval is. Freddie Mac defines the process like this: “A ...