May 18, 2017 | Jack Jenkins Homes
One of the many misconceptions about VA home loans is that getting one is a long and winding road littered with red tape.
The reality is VA loans close nearly as fast as conventional purchase loans, and they actually have a higher closing success rate, according to mortgage software firm Ellie Mae.
In addition, the process for getting a VA loan isn’t much different from what it takes to land a conventional mortgage.
We created this infographic to help take veterans and military buyers through the process, from pre-qualification all the way to closing. Everyone’s home-buying journey looks a little different, but this road map can help prospective buyers get a sense of what lies ahead.
The post The Road Home: A Look at the VA Loan Process (Infographic) appeared first on Real Estate News & Advice | realtor.com®.
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