VA Mortgage Lenders in Arizona

Looking for VA Mortgage Lenders in Arizona?

Then look no further because you have found the right guy. Jimmy Vercellino is a Marine Corps Veteran and Mortgage Originator Specializing in VA Loans with Goldwater Bank in Phoenix AZ.

What Veterans must understand is that just because VA Mortgage Lenders in Arizona tell them something about their VA Home Loan does not necessarily mean it’s the truth. Time and time again Jimmy Vercellino has educated Veterans and Real Estate Professionals alike with respect to the VA Home Loan process making it his primary focus to devote his mortgage practice to the Veteran and Active Duty Military Home buyer.

Jimmy recently sat down with Tiffany Hunter, Host of the AZ Home Hunter to discuss VA Home Loans. Click on the YouTube video below to check it out for yourself.

 

 

If you are a Veteran, and are looking for VA Mortgage Lenders in Arizona then look no further. Jimmy Vercellino will ensure that you are taken care of from start to finish and will ensure that he will treat your VA Loan as if it were his very own. For more information or to apply for you VA Loan simply click on the APPLY button or you can always email me at jimmy@valoansforvets.com

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VA Loan Rates in AZ

What are VA Loan Rates in AZ?

The VA Loan has some of the most competitive interest rates (if not the most) on the market today. What makes a VA Loan great is that a Veteran may be able to purchase a home anywhere in Maricopa County up to $417,000 with no down payment.

Having said that, one of the most common questions that I get from Veterans that inquire about VA Rates is as  follows… “Does the VA determine the interest rate or does it vary from lender to lender ?” Simple answer: VA does not determine the Interest Rate on a VA Loan.

The truth is that different lenders will have varying interest rates on their VA Home Loans. This also rings true when Veterans are looking to get a quote for VA Loan Rates in AZ.

So how does a Veteran get a rate quote on a VA Loan? It’s simple, you must apply for a VA Loan, and allow the lender to review your credit score which in-turn will allow the lender to give you a rate quote.

Many lenders can give you a hypothetical interest rate quote, however until they have reviewed your loan scenario in it’s entirety that rate quote could possibly be inaccurate causing the Veteran to incorrectly  budget for his upcoming home purchase (which we all know is never a good thing).

By now you might be asking the following question… “So what determines my VA Loan Interest Rate then?” Honestly, it’s quite simple and really applies to all loan types and not just VA Loans. The single greatest impact that you can have on your VA Loan Interest Rate is having a strong credit score. Think of it this way…The better your credit score, the better your VA Loan Rate will be.

To discuss current VA Loan Rates in AZ, feel free to roger up with me at jimmy@valoansforvets.com or you can call me direct at 602-908-5849

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Jimmy Vercellino is a United States Marine Corps Veteran and Mortgage Originator Specializing in VA Loans. In 2013 Jimmy and his team were fortunate to serve over 60 Veterans and their families with all of their VA Home Financing needs resulting in over $14,000,000 of  VA Loans originated and closed.

 

 

 


VA Lender in Arizona

Looking for a VA Lender in Arizona?

If you’re a Veteran and currently live, or plan on moving to Arizona and would like to purchase a house you might be looking for a VA Lender. However the real question is –who do I use and who can I trust? There are plently of lenders in Arizona who orginate VA Loans. However, what we have found is that very few actually specialize in VA Loans and have devoted their mortgage practice to the Veteran and Active Duty Military Homebuyer.

Veterans seeking a VA Lender in Arizona should always ask the following questions when seeking financing from a VA Lender.

  • How long does it take your company to close on a VA Loan? If more than 30 days this could make your offer less competitive.
  • Are you a direct endorsed VA Lender? This allows your lender to decision your loan file  upfront and not send your loan to VA to be underwritten saving you precious time.
  • What are the fees you charge in conjunction with the VA Loan? Do they seem on the high side?
  • How familiar are you with VA Loans? If the lender cannot confidently answer your questions quickly you may want to reconsider working with them.

For more information and questions about finding a VA Lender in Arizona feel free to contact us directly at jimmy@valoansforvets.com or direct at 602-908-5849.

 

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Jimmy Vercellino is a United States Marine Corps Veteran and Mortgage Originator Specializing in VA Loans. His mission is simple–To provide and assist Veterans and Active Duty Servicemembers, regardless of service, with all of their VA Financing needs.

Last year Jimmy and his team were fortuante enough to serve over 65 Veterans and Active Duty Servicemembers and their families with thier VA Loans, resulting in over $14,000,000 worth of VA Loans originated.

 

 

 


VA Loan in Scottsdale AZ

Hello Veterans,

Did you know that you can get a VA Loan in Scottsdale AZ?

Yes, it’s true! The reality is that many Veterans today call (or plan on calling) Scottsdale AZ home sometime soon. Having said that, they owe it to themselves to explore whether using their VA Home Loan might be an option either now or in the future. Now I know what your thinking… “How can the VA Loan in Scottsdale AZ be an option? Isn’t that loan for lower loan amounts.?

Since 2005 I have been fortunate enough to help Veterans and Active Duty Military purchase homes throughout the Valley of the Sun and seem to find one reoccurring theme with many of them. The theme you ask? Veterans not having all of the information they need as it relates to their VA Loan.

This holds especially true when Veterans are purchasing a home ,and never think to ask is the VA Loan is available in Scottsdale AZ. The VA Loan allows a Veteran to purchase a home in Scottsdale AZ up to $417,000 with no down payment and even go as high at 1.5 million with a limited down payment. Pretty cool right? So if you are are a Veteran and in the market to purchase a home in Scottsdale AZ and you haven’t thought about using your VA Loan, remember it’s an option.

With Scottsdale’s higher end priced homes and the VA Loans competitive rates, and low down payment requirements, Veterans can truly cash in on an opturnity that they have earned and deserve by serving our great country. For additional questions and answers regarding a VA Loan in Scottsdale AZ feel free to contact me at 602-908-5849 or email me at jimmy@valoansforvets.com

Semper Fidelis,

Jimmy Vercellino

 

 


VA Loan After a Short Sale

Hi Everybody,

One of the most common questions that I get from Veterans who have experienced a short sale is the following…

How long do you have to wait to get a VA Loan After a Short Sale?

The truth is that often times Veterans are given information that may not be true as it relates to this specific topic. That said, the answer is simple…it depends.

Veterans applying for a VA Loan After a short sale will typically have to wait at least 1 year (in my experience) to get a VA Loan. That said, the VA does not have an actual written policy on short sales so it’s actually up to the lender to decide whether or not the Veteran is an acceptable credit risk.

 

 

Now in my experience Veterans are often told that they must wait 2 years in order to apply for a VA Loan after a short sale. Having said that, we have helped Veterans purchase a home in just as little as 1 year after the short sale. Now it’s important to understand that not all Veterans will qualify for a VA Loan just 1 year after a short sale. The Lender will need to determine the following before you are approved. Why did it happen? And why is it not going to happen again?

For more information about waiting periods for a VA Loan After a Short Sale feel free to roger up with me at 602-908-5849 or email me at jimmy@valoansforvets.com

Semper Fidelis,

Jimmy Vercellino