Heroes San Diego is your go-to resource for buying or selling a house. We assist all different types of heroes whether it be military personnel, veterans, firefighters, nurses or health care workers, teachers and more! Heroes San Diego is here to help you for FREE! All you need to do is sign up for our webinars or seminars and begin! Today, I will be discussing the Heroes VA Homebuyer webinar that is live via zoom Wednesday’s at 6 pm every week. During this webinar, we focus on the basics of loans, misconceptions and misguidance, getting qualified, and our programs benefits!
VA Loan Basics
Here is a little breakdown on the possible loans to qualify for and their differences.
An FHA loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. This loan is a type of federal assistance. If you qualify for this loan, you will be putting down 3.5 %.
A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. FHA loans allow lower credit scores than conventional mortgages do, and are easier to qualify for compared to a conventional loan.
Now, a VA loan is a loan issued by private lenders, and partially backed or guaranteed by the Department of Veterans Affairs (VA). This is a $0-down mortgage option that you can use to purchase a property as your primary residence, or refinance an existing mortgage.
You probably already have many different questions, like what are the requirements? What can I buy with these loans? How much can I spend? This will all be answered in our webinar that is live via zoom every Wednesday at 6pm!
There are many myths and misconceptions with purchasing a home, and using a VA loan. We are here to bust those myths and guide you with the correct information. During the webinar, you will be given a list of the most popular “myths” in a question & answer form. This really helps paint the picture for you, and may even come off as easier than you had initially thought.
This is a big part of your check list in order to be able to purchase a home!
Proof of Funds for Closing Costs
Copy of ID
Other items determined case by case
Benefits of this program
Up to 20% of Heroes San Diego affiliates gross purchase commission to be used in escrow towards closing costs when buying a home through the services of Johnny Perez-Founder of Heroes San Diego. Our full time professionals are here to assist you. There are nationwide concierge services to all VA clients looking to buy, sell, relocate, lease, or lease your home when receiving orders or relocating. What’s the catch?! Nothing, our services are FREE to all buyers. You will even get a rebate check upon receiving your keys!
We are looking forward to seeing and meeting new faces! Heroes San Diegos #1 priority is to get our Heroes homes. Now a days, paying a mortgage can be cheaper than paying rent! If this is something that interests you, sign up to join us on Wednesdays at 6pm for our Heroes VA homebuyer webinar.