Free Consultation
877-98-FREESTAR
301-468-0900

Free Consultation
877-98-FREESTAR
301-468-0900
Credit Solutions Fast and Easy
Credit Solutions Fast and Easy

5 Steps to a VA Loan

  1. Apply for a Certificate of EligibilityA veteran who doesn't have a certificate can obtain one easily by completing VA Form 26-1880, Request for a Certificate of Eligibility for VA Home Loan Benefits and submitting it to one of the Eligibility Centers with copies of your most recent discharge or separation papers covering active military duty since September 16, 1940, which show active duty dates and type of discharge.
  2. Decide on a home to buy and sign a purchase agreement
  3. Order an appraisal from VA. (Usually this is done by the lender.) Most VA regional offices offer a "speed up" telephone appraisal system. Call the local VA office for details.
  4. Apply for a VA loan.
    While the appraisal is being done, the lender (mortgage company, savings and loan, bank, etc.) can be gathering credit and income information. If the lender is authorized by VA to do automatic processing, upon receipt of the VA or LAPP appraised value determination, the loan can be approved and closed without waiting for VA's review of the credit application. For loans that must first be approved by VA, the lender will send the application to the local VA office, which will notify the lender of its decision.
  5. Close the loan and move in.
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Call Today
14955 Shady Grove Road
Suite 350
Rockville, Maryland 20850
301-468-0900
877-98-FREESTAR
Call Today
14955 Shady Grove Road
Suite 350
Rockville, Maryland 20850
301-468-0900
877-98-FREESTAR
 
   
   
home loans - Rockville, MD home loans - Rockville, MD
home loans - Rockville home loans - Rockville home loans - Rockville
 

         

FreeStar Financial is a proud BBB Accredited Business CLICK HERE to see our company rating.

  Licensed by the "Virginia State Corporation Commission" under License Number MC-4151
Maryland License Number 14076
DC License Number MLB 6590

         

FreeStar Financial is a proud BBB Accredited Business CLICK HERE to see our company rating.

  Licensed by the "Virginia State Corporation Commission" under License Number MC-4151
Maryland License Number 14076
DC License Number MLB 6590