How VA loans work
How a VA home purchase works.
Every file is different, but most VA purchases follow the same general path. Here is what to expect at each step.
- 01
Initial conversation
Talk with Eileen about your goals, service background, budget and timeline.
- 02
Pre-approval
Share income, asset and credit information so your file can be reviewed for a pre-approval, subject to underwriting.
- 03
Home search
Work with a real estate agent to find homes that fit your plan. Eileen can connect you with an agent if you need one.
- 04
Offer
Make an offer, and negotiate terms such as seller-paid costs where appropriate.
- 05
Appraisal and underwriting
A VA appraisal is ordered and the underwriter reviews your full file and the property.
- 06
Closing
Once conditions are met, you sign final documents and get the keys.
Timelines vary with each buyer, property, appraisal and underwriting review; no particular approval or closing date is promised. All loans are subject to credit approval.
Talk it through with Eileen.
Eileen can review your situation personally and walk you through your VA home loan options. No obligation.