We are incredibly humbled by the men and women who have served and are serving our country. Here at Fairway Kirkland, your sacrifice is not without notice.
This is why we take great pride in helping those eligible for a VA loan secure the dream of home ownership. It’s just one small way we can give back. Our loan officers are well versed in VA loans and are available to answer any questions you may have. To help you get started, we’ve outlined the five essential steps you need to take:
Shore Up Your Finances
Check your credit report and, if needed, correct any mistakes. You can still qualify for a VA loan with a low credit score. However the higher your score, the more money for which you can qualify and the more favorable your interest rate.
In Seattle’s competitive housing market, deals happen quickly. If you are not pre-approved, you will miss out. Before you go house hunting, work with a loan officer to get pre-approved.
Understand Your Loan Options
Just because you can qualify for a VA loan, doesn’t always mean it is your best option. Be sure to speak with your loan officer about your long-term goals and current financial status to determine the right loan product for you.
Work with a Military-Friendly Real Estate Agent
While a VA loan is similar to a traditional mortgage, it still has some nuances. It is best to work with a military-friendly real estate agent who understands how VA loans work. This will help ensure you close quickly and efficiently.
Work with a Loan Officer Who Processes Loans Quickly
Another side effect of Seattle’s hot market is that deals move fast. If your loan takes too long to close, you could lose out on your new home. This is why it is important to work with a loan officer who pays close attention to detail and closes loans quickly.
Ready to get pre-approved? Need help finding a military-friendly real estate agent? I’m here to help. Give me a call today.