VA Financing

A direct quote from buyer of this house:  “I understand that your relationship with the seller was key to the acceptance of my counter offer, so I'm grateful for your reliability and reputation.”   Paul proactively calls the sellers agent on your behalf when making and offer and is known by many in the industry – all this helps your contract become the winning bid.

VA Financing is used to purchase primary residence, but did you know you can sometimes use VA Financing to refi a home where you no longer live?  This property’s owners refinanced even though they had moved and currently rent this home.  Over $180 monthly was saved and at no incremental cost (e.g. a “no cost” refinance).

The buyer of this home received a 0.375% lower rate because by talking to Paul.    He actually, was using a different lender and just called Paul as a sounding board.  His rate was higher than market, and Paul’s perspectives assisted him obtain a much better deal.    Even if in an area where Paul is not licensed, always feel free to ask for a perspective or his thoughts.

For this home, the veteran purchased the home after applying for his VA disability but before disability granted.    Paul assisted the owner only to obtain his refund, but to time the refund to maximize the benefit.    If in similar situation, Paul’s quite versed in structuring transaction to meet your preference for the funding fee refund.

This transaction required a fast appraisal and Paul was able to obtain the appraisal just three days after it was ordered.   While never a guarantee, Paul’s team has a high success rate of obtaining appraisals quickly, when situation requires.  Few loan consultants can say that or have ever successfully expedited an appraisal.

Another lender suggested this owner refinance, but after listening to the owner’s goals and plans for the property, a refinance didn’t make sense.  The other lender was not unethical, just didn’t take the time to understand the full picture, as many call centers and big banks don’t.  The owner sent Paul a nice thank you, which can be found in testimonial section.

A veteran wanted to purchase this home but had not yet saved sufficient funds.   Paul provided financing that solved this problem and the preferred home to be purchased.   Paul’s 17+ years in the industry and corporate finance background often yields options to save clients money not identified by other mortgage providers, especially those with 1-800 #s.

There are several options to take cash out by borrowing against existing home equity, and the best way to do this depends on your preferences, plans & goals.   Here, Paul worked with the veterans to take substantial cash out for a major renovation for a home that was planned to be owned for quite some time.  The picture was taken pre-renovation.

Most VA appraisals are terrific; however, should you want to appeal an appraisal, a personal loan consultant makes all the difference.  For this transaction, Paul worked with realtors and other appraisers to successfully appeal this appraisal, and Paul’s work was so comprehensive, the appraiser agreed with Paul’s analysis within hours of request.

By working with top realtors, appraisers, and other loan consultants, Paul has learned many ways to create win-win solutions for all parties. This transaction was in danger of being cancelled, but Paul suggested a way to solve a problem and the home was successfully purchased.  Neither realtor, nor seller not veteran was aware this solution existed.

Prior VA approval of a condominium is required to purchase a condo using VA financing.  If you prefer a home in a condo that is not VA approved, Paul can work to obtain VA approval for that condominium.   This condominium is one example of where Paul’s team obtained the VA approval for a condominium complex.