Veterans Day

Veterans Day V line

Veterans Day is a special day. It’s a day where men and women who have so honorably served our great country get recognized for their service along with their selfless sacrifice. I feel so blessed and fortunate… I say that because over the years I literally go to work everyday to help hundreds Veterans buy homes and use their VA Home Loan Benefits. It’s truly an incredible gift that I will be forever grateful to our Veterans for. So to all Veterans past, present, and future, we salute you for your service to our great country and wish you a blessed, happy, and healthy Veterans day.

Semper Fidelis,

Jimmy Vercellino

How Long do VA Loans Take to Close ?

How Long do VA Loans Take to Close?

Over the years many Veterans and Real Estate Professionals have asked me the question… “How long do VA Loans take to close?” And the answer that I give them is – it depends! The reality is that VA Loans take no longer to close than FHA or Conventional loans, and in my opinion should not take more than 30 days from start to finish. So by now you might be asking the question “Why did the lender tell me that VA Loans take 45-60 days?” Here’s why – because its that specific lending company’s turn-time, meaning that’s how long it takes them to close the loan – not VA.

The truth is the VA really has limited involvement (really none) so saying that VA Loans take longer is really not fair to the VA or the Veteran for that matter. That said, we just closed 2 Veterans VA Loans this week in less than 3 weeks. Now of course this is not the norm, but it just goes to show that VA Loans can be closed very quickly and efficiently allowing Vets to take take ownership of their home. Having said all of that if you are currently working with a lender that has quoted you 45-60 days, or or is just lagging altogether, you may want to look for another mortgage company that can close on your loan sooner than that saving you time, energy, and of course, money.

To apply for a VA Loan with me please feel free to do by clicking on

Should you have more questions please feel free to email me direct at

VA Loans Active Duty Military

VA Loans Active Duty Military?

Often times I am asked by Active Military Service members if they are entitled to use their VA Loan Benefits just as an honorably discharged Veteran would – and the answer is simple… Absolutely!

Active Military are entitled to use their VA Loan just as any Veteran would past, present, and future. That said, it’s important to know exactly what your lender will require when pre qualifying for the VA Loan, and always remember…Just because you are eligible for a VA Loan does not mean that you are pre qualified. This is why it’s so important for you to work with a Mortgage Originator who Specializing in VA Loans that can ensure you are protected and that your VA Approval is strong and in tact.


Below is a list of documentation that will be required for VA Loans Active Duty Military.

  1. Most Recent LES Report
  2. Last 2 Bank Statements Covering a 60 Period (be sure to include all pages even if page is blank)
  3. Most Recent 2 Years of Tax Returns
  4. Most Recent 2 Years of W’2’s
  5. Copy of Photo I.D.
  6. Copy of your Certificate of Eligibility (if you don’t have we can assist you with this)

Your VA Home Loan Benefit is truly one of a kind as loan that allows an Active Duty Service member to purchase a home up to $417,000 (and higher in some counties) with no down payment required, and with a credit score as low as 600.

For more information about VA Loans for Active Duty Military contact Jimmy Vercellino at or by calling direct at 480-351-5904


Jimmy Vercellino is a Marine Corps Veteran and Mortgage Originator Specializing in VA Loans with First Choice Loan Services Inc and licensed to lend in 48 States.


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 First Choice Loan Services, Inc in Scottsdale Arizona.

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 following link or you can always email me at



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 or you can call me direct at 480-351-5904


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 or direct at 480-351-5904.



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 480-351-5904 or email me at

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 480-351-5904 or email me at

Semper Fidelis,

Jimmy Vercellino

VA Loan Limits in Arizona

What are VA Loan Limits in Arizona?


It’s more than you might think. VA Loan Limits in vary across the nation. However in all counties  in Arizona the VA Loan allows a Veteran to purchase a home up to $417,000 with no down payment. Pretty cool right? The reality is that the VA Loan has received a bad wrap in the past for being notorious for low loan amounts, and sub-prime loan. However, this of course is not the case. Simply stated, you can find an amazing home in Arizona for this kind of price.

Every year the Department of Veterans affairs gives updated numbers based upon specific counties across the United States. That said, for as long as I can remember VA Loan Limits in Arizona have stayed right at $417,000 and have not gone any lower. In fact, the VA Loan actually allows a Veteran to obtain a loan higher than the numbers listed below with a limited down payment.

Below is a list of counties and the max VA Loan Limits in Arizona.

County NameSingle Family Home
($0 down and up to)
Max Guaranty
LA PAZ$417,000.00$1,000,000
SANTA CRUZ$417,000.00$1,000,000

For more information about VA Loan Limits in Arizona feel free to roger up with me direct at 480-351-5904 or you can email me at

Lastly for a free VA Loan pre qualification click on apply link located in the top right corner and either myself or somebody from my team will contact in you in 24 hours or less.

Thank you and may God Bless you for your service to our great country.

Semper Fidelis,

Jimmy Vercellino


What is the MRP Certification?

I once heard a saying that forever changed my out look on serving.  Simply stated, “You can have anything you want in life if you are just willing to help enough other people get what they want.” – Zig Ziglar.

With that said, Im sure that you have helped several first time home buyers with the purchase of a new home, but i’d like to you ask you this… have you ever helped a first time homebuyer that has done three combat tours to Iraq or Afghanistan?  Or have you ever experienced the look of sincere gratefulness and appreciation from a soldier who has just been given the keys to his families new home?    Of course we all know how good it feels to help others, but I can assure you this… there is no greater feeling of pride, and honor that exists quite like this when selling a home to a veteran who has honorably served our country!

If you would like to serve our Nation’s Finest who have selflessly defended, and continue to defend our great nation, then the MRP Certification is for you. This course is designed to educate the real estate professional in the following three areas:  MRP focuses on The Military Market, the PCS Process (orders), and the VA Home Loan.

The reality is, is that there are certain things that you may have heard in the real estate community about the VA Loan process that are simply not true. These types of myths include some of the following… The VA Loan appraisal is terrible, the seller has to pay all of the fees, the underwriting process is too strict, it takes too long to close, and the loan is a sub prime loan. Myth’s such as these are completely untrue, and have had a detrimental impact on our nations heroes that have served and continue serving today.  The following MRP Certification course is designed to dispel such myths, and educate and equip agents with the tools that will allow them to serve more veteran clients,sell more homes, and at the same time advertise the exclusive MRP certification logo.

The Veteran and Active Duty community is certainly growing in size. With the conflict in Afghanistan winding down, and US military involvement in Iraq ended, I believe that we are going to continue to see more and more Service Members leaving the military, and transitioning into civilian life and the workforce. Last year alone, the VA marked its best year ever insuring nearly 630,000 loans; making 2013 a record year for the VA Home Loans. This makes it abundantly clear that the Veteran and Military home buyers are here to stay. Now is the time to make an investment in your business that will certainly be impactful, and advance your career for years to come!

In many cases, there are several Veterans that you may know right now that have no idea how their VA Loan benefits work, and that they can do all sorts of unique things with their benefits such as…have more than one at a time, and even use it for a VA Jumbo Loan.  Not anymore, after being MRP Certified you will be the VA Real Estate expert serving the active duty military and veterans in your community.

Jimmy Vercellino is a Marine Corps Veteran of Operation Iraqi Freedom and Mortgage Banker Specializing in VA Loans with First Choice Loan Services Inc. and licensed instructor with ADRE and instructor for NAR’s MRP Certification.

For class times, and dates, email Jimmy at