The Blog

When you are thinking about obtaining a mortgage, the very first step is finding a lender to work with you. A VA loan is different than any other type of mortgage and requires that specific guidelines be followed for the success of the loan. If you are a VA loan borrower, it would be to your benefit to learn how to choose a VA lender.

Even though it is not necessary to use a lender that specializes in VA loans, doing so can make the mortgage process easier. A lender who specializes in this field, VA loans, will have extensive experience and understand the intricacies and requirements of the VA home loan program. Very often, military borrowers want to use their VA benefits only to be pushed into an alternate lending program. This is common when dealing with lender representatives who are not familiar with the potentials that the VA program has to offer its borrowers, such as 100% financing without mortgage insurance required.

With little effort, VA homebuyers can find VA lenders who are dedicated to working with military members who want to take advantage of their benefits that they have earned through their service. Many borrowers will start their search online since the internet has become a major portal of business, including for mortgages. Using an internet based National VA lender is a convenient and less time consuming process. In addition, honest borrower reviews and feedback of the lender can also often be found online. Comparison shopping for a VA lender can also be accomplished on the internet in a much shorter amount of time. With today’s technology, the use of emails, fax, texting and mobile phones makes contact with your internet based VA lender much faster, easier and can be done from anywhere.

VA mortgage rates are low again at this time, so choosing an internet based VA lender is a wise decision. It is during these periods of low rates that refinancing an existing VA mortgage becomes popular. Since VA rates amongst lenders vary and are very competitive, timing can be crucial. Making contact online is always easier and quicker than making an appointment to physically visit a loan representative. Sticking with the old fashioned way of searching for a brick and mortar VA lender can end up costing you with a missed opportunity to save money.

If you are interested in comparing a National VA lender for your home purchase or VA refinance, feel free to contact me at any time for more information. Need help in completing a VA loan application? Specializing in VA loans is what I do to make your VA mortgage process easier.

Tweet