VA Loans - About Us
Please use the links below to find out more about VaMortgageCenter.com
- Are you the VA or a government agency?
- What are the benefits of going through your company as opposed to my local bank?
- Do you loan the money or do you broker it to a third party?
- Do you set up my homeowner's insurance?
- Do you have any realtors that we can work with that are familiar with VA loans?
- Will you work with my real estate agent?
- Does your company do conventional loans also?
- Was your question not answered?
Are you the VA or a government agency?
No, we are not the veteran's administration or any other government agency. We are a company that specializes in VA loans. We are also not a government agency, but a private bank that primarily helps veterans and active duty military. The VA does not give loans; they guarantee the loans that we give. For more information about VA loans, check out General VA Loan FAQ's.
What are the benefits of going through your company as opposed to my local bank?
The main difference is rate. We have wholesale rates and banks have retail rates. Banks have to pay for all of the overhead of the entire bank which negatively affects rates. We do not have that overhead to compensate for on the rates. VA loans are all we do and we are experts in the process. There are a lot of finer points with a VA loan that an untrained officer may overlook, which may cause problems in the future.
Do you loan the money or do you broker it to a third party?
We are a bank and a broker. We have the ability to lend you the money or to broker it out to a big name lender. Normally your loan will go where we can get you the lowest interest rate and the best turnaround time.
Do you set up my homeowner's insurance?
No, you are responsible for setting up your homeowner's insurance. We will need the contact information from the company that you choose to set up your escrow account to trade some information with them. We do not require you to use anyone specific for your insurance.
Do you have any realtors that we can work with that are familiar with VA loans?
Yes, we have a database of realtors that we have worked with in the past and have good recommendations from loan officer and from borrowers. They are familiar with the VA loan process and excellent to work with. If you are interested in this, please let your loan officer know.
Will you work with my real estate agent?
Yes, since you have the same loan officer through the entire process he or she will also be able to talk with and assist your realtor at any time. Your realtor will be an important part of the VA loan process in helping with inspections and other tasks being taken care of in a timely fashion.
Does your company do conventional loans also?
Yes, we do have the ability to do conventional loans. Although we specialize in VA loans, we realize that a VA loan may not always be in the best interest of a borrower. In cases like this we will work to get the best possible loan to meet the borrower's needs. Contact a loan specialist to get started now, or find out more about your loan options.
VA LOAN SPECIALIST
If you have questions or if you want to determine if a Veteran Home Loan is actually the best financial decision for you, you may get advice from a VA mortgage specialist online or call 800-405-6682.
Get Started With Your VA Loan Request
Take the first step toward your VA loan by getting in touch with a VA specialist.
