Archive | March, 2011

The VA Loan Appraisal Process

Before your home can be qualified for a VA loan, the VA requires an appraisal of the property. A VA appraisal involves a thorough analysis of the home and property to determine what the current market of the home and property is.

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What Is A VA Loan Pre-Approval Letter?

A VA loan pre-approval letter is a document granted by a VA mortgage lender that states that based on preliminary information such as the potential borrower’s credit, assets, and income, that they qualify for a VA loan of a specified amount.

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