VA Loans Explained | Everything You Need to Know to Buy a Home

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ 🤔 Thinking About Buying a Home with a VA Loan? 🏡 📱 Call or Text: (757) 831-5442 📨 Email: [email protected] 📅 Zoom: https://scheduler.zoom.us/zoom-user-c... 🌐 Website: https://justinroman.ironvalleyrealest... ⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️ Join me and Senior Loan Officer Wendy Edde (NMLS #1200036) as we break down everything you need to know about VA loans! Whether you’re a first-time homebuyer or looking to brush up on your VA benefits, this video is packed with expert insights to help you navigate the process with confidence. 📌 What You’ll Learn in This Video: ✔️ The benefits of a VA Loan – No down payment, no PMI, and lower interest rates! ✔️ Who qualifies for a VA Loan? – Active duty, veterans, reservists & spouses. ✔️ VA Loan Myths Debunked – Can you use it more than once? Do you need perfect credit? ✔️ How to get pre-approved & what lenders look for ✔️ What sellers can and can’t pay for in VA loan transactions ✔️ VA Appraisals & Home Requirements – What to watch out for ✔️ What happens if you’ve had a foreclosure or bankruptcy? ✔️ How to maximize your VA loan benefits 📅 Video Chapters: 00:00 - Intro 00:00:25 - Meet Wendy Edde (NMLS #1200036) & VA Loan Overview 00:01:23 - VA Loan Benefits (No Down Payment, No PMI, Low Interest Rates) 00:02:58 - Can I Use a VA Loan More Than Once? 00:03:50 - VA Loan vs. Conventional Loan – Which is Better? 00:04:25 - Why VA Loans Have Softer Credit & Debt Requirements 00:05:07 - VA Loan Eligibility: Who Qualifies? 00:06:39 - How to Check Your VA Loan Entitlement 00:07:20 - What to Look for in a VA Loan Pre-Approval 00:08:37 - Who Can Be on a VA Loan? (Spouses, Veterans, Co-Buyers) 00:09:45 - VA Loan Occupancy Rules & Rental Property Options 00:11:25 - VA Appraisal Process & What’s Required for Home Condition 00:14:09 - VA Loan Myths Debunked (Credit Score, Foreclosures, Expiration) 00:16:06 - VA Funding Fee Explained – How Much Does It Cost? 00:18:28 - VA Loan Closing Costs & Seller Concessions 00:20:16 - What Can Kill a VA Loan Deal? (Common Pitfalls to Avoid) 00:22:34 - Understanding Military Pay Terms (BAH, LES, PCS Orders & More) 00:24:30 - Free VA Loan Credit Repair Program (Lighthouse Program) 00:25:36 - Final Thoughts & How to Get Started 📢 About Our Guest: Wendy Edde ✔️ Senior Loan Officer | NMLS #1200036 ✔️ Veterans United Home Loans ✔️ Specializing in VA Loans & Military Relocation 📧 Contact Wendy: [email protected] 🌐 Website: https://my.veteransunited.com/get-app... 🔹 Lender Disclosures: All loans are subject to credit and underwriting approval. Terms and conditions apply. This is not a commitment to lend. Equal Housing Lender. Veterans United Home Loans - 670 Auburn Folsom Rd. Auburn, CA 95603 NMLS 1907 Our company is an Equal Opportunity Lender. Our company is a VA approved lender, but we are not affiliated with any government agency. Justin Roman | Virginia Real Estate Agent 📍 Helping Buyers & Sellers in Norfolk, Virginia Beach, Portsmouth & Hampton Roads 🏡 Brokered by Iron Valley Real Estate Prestige 📜 Virginia Real Estate License: 0225248888