Community Mortgage Inc.
Community Mortgage Inc.
Nov 2, 2020
6 Myths about VA Home Loans in San Diego Because of the complexity of VA home loans compared to other mortgage programs, they’ve been subject to numerous myths. In most cases, these myths are misleading and completely false. If you fall for these myths, you’ll be missing out on an outstanding mortgage product. Here are 7 of the biggest myths and the real truth about each one. •Higher down payments are required because of current home prices – FALSE. No down payments are required with VA home loans. •If you’re a veteran, you’re guaranteed a mortgage – FALSE. Regardless of the mortgage program you’re applying for, no one is guaranteed a mortgage. •It’s impossible to pass a VA appraisal – FALSE. While VA appraisals are stricter, it’s still possible to pass them. •Realtors are good VA loan advisors – FALSE. You should always get your facts from a lender that specializes in VA home loans. •Surviving spouses cannot qualify for a VA home loan – FALSE. They can, provided they haven’t remarried. •You can only get a VA home loan once – FALSE. Once you pay off your existing VA home loan, you’ll be eligible for another one if you choose. Community Mortgage 814 Morena Blvd #310 San Diego, CA 92110 (619) 692-3630 https://www.google.com/maps?cid=10479155514255890680 https://local.google.com/place?id=10479155514255890680&use=posts&lpsid=4200109129806194955
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