Requirements

Now that the limits are higher than ever, this is the best year to start looking for your new Arizona home.

Do you own a business and want to buy your own house? Wondering if you can get a VA loan if you’re self-employed?

The Department of Veterans Affairs is a government agency that helps veterans and military personnel obtain financing to buy homes by offering the Veterans Affairs VA loans.

Big news for 2018 VA Loan Limits in Arizona. They have gone up, yet again! 2018 Arizona VA Loan Limits for Maricopa County have increased from $424,100 (2017) up to $453,100 with no money down.

I am very blessed and fortunate to be able to serve Veterans and Active Duty Service-members across this great nation with all of their VA Home Loan Financing needs. One general question that appears to pop up more often than not is simply this… “Jimmy, how does the VA Loan Process work?”

The VA Loan Certificate of Eligibility is a very confusing form for Veterans. As a Mortgage Originator Specializing in VA Loans I have to be honest in telling you that many lenders are even confused about this form.

I have been very fortunate to serve a lot of Veterans with all of their VA Loan financing needs for the past 15 years (gosh time does go by fast). Anyhow, as I thought about a my next blog topic I remembered how on every single one of those transactions 1 particular question always comes up.

Goldwater Bank requires that the Veteran have a minimum credit score of just 600 in order to be able to obtain a VA Home Loan. Call me today for more information.

The VA Home Loan requires 2 forms. The DD-214 and the VA Certificate of eligibility. Simple enough right? Wrong. These 2 forms have caused much confusion for Veterans when applying for the VA Home Loan.

When speaking to a Veteran for the first time who is inquiring about a VA Mortgage in Arizona one of the first things we do is send them out a needs list of all of the required documentation that will be needed, in order to submit and fully approve their AZ VA Home Loan.