Mortgage "MEAT"

Veteran Housing Certification Update

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Eddie Deleon of USA Homeownership (NMLS 238369) stopped in today to share a little bit about VA myths and how to get certified inhelping Veterans. For complete show notes and links please visit this episode on our website: www.mortgagemeat.castos.com 

Summary:
In this conversation, Keith and Eddie discuss various topics related to mortgage professionals and VA loans. They cover misconceptions about VA loans, the importance of VA appraisals, and the underutilized CalVet program. They also address the apprehension some realtors have towards VA buyers and provide information about the NVHC certification for working with veterans. Overall, the conversation highlights the benefits and opportunities of serving military families in the mortgage industry.
Takeaways
  • VA loans can be used for more than just no down payment, including jumbo loans.
  • There are no limits on the number of times a VA loan can be used, as long as the requirements are met.
  • The VA appraisal process, including Tidewater, allows for dispute and collaboration before finalizing the appraisal.
  • Providing detailed property descriptions in the MLS can help influence the appraiser's valuation.
  • The CalVet program offers additional options for veterans who don't qualify for regular VA loans.
    • Chapters
    00:00 Introduction and Favorite Steakhouse
    01:25 VA Rep and Military Housing Certification
    02:23 Misconceptions about VA Loans
    03:38 Debunking VA Loan Myths
    04:20 Importance of VA Appraisals
    05:28 Describing Properties in MLS
    06:28 Underutilized CalVet Program
    07:20 Misconceptions about VA Buyers
    08:38 MVHC Certification and Events
    09:02  Conclusion
     
     
    Register for LIVE MVHC: www.mvhc.varep.net/live-training-schedule/
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