Tim Storm949-829-1846TimothyS@arborfg.com NMLS #223456 · CA DRE #01086852
Continues on ARBOR Financial Group’s external application website.
Browse the original Orange County VA Loans archive. Publication dates are preserved so historical guidance remains clear.
Each guide has one primary topic, making related articles easier to find without hiding their original publication dates.
VA Residual Income is… A safeguard established by VA to ensure you can afford the new loan payment, with any debt you currently have, and still have enough for food, entertainment and housing expenses (because eating dinner is important). The Veteran’s Administration has dubbed this leftover monthly amount VA Residual Income. In order to qualify a Veteran and their spouse for […]
Why is VA Loan Pre-Approval an important step in the home buying process? Markets across the country, and undeniably in Southern California, report that the number of buyers on the hunt for a home largely out number the amount of homes currently for sale. In our highly competitive Orange County real estate market we find ourselves in today, getting […]
VA has announced the increase of the 2017 VA loan limits. What is the “VA loan limit“? The Veterans Administration (VA) sets a limit of what a qualified Veteran buyer, with full entitlement, can borrow within each county without making a down payment. They calculate this limit based on the average price a home is selling for in that […]
Getting a VA loan after bankruptcy or foreclosure is really not that difficult for Veterans in Orange County, CA. But many Veterans do not realize how quickly the VA loan can become a viable option after a major credit event. Foreclosure and bankruptcy are definite obstacles for many Veterans trying to buy […]
Do you qualify for a VA loan right now in Orange County, CA? Do you know what it takes to qualify? Orange County has one of the highest concentrations of military Veterans in the country and yet so many do not realize they are eligible for the VA loan program or even know what it […]
The benefits of the VA Home Loan for Orange County Veterans are numerous. The VA loan program is an amazing mortgage program that has less restrictive guidelines and underwriting flexibility compared to any other loan program. Some of these benefits include no down payment, no monthly mortgage insurance and competitive fixed interest rates. VA Loan […]
Are VA loan calculators found on websites accurate? While a mortgage calculator can help in getting a quick idea of what a payment would be, in most cases they will not be accurate enough for what will be one of the biggest purchases you will make in your lifetime. PITI – Principal, Interest, Taxes, Insurance […]
California Veterans can choose between the CalVet home loan or the VA home loan. Both programs offer Zero Down Financing. But which program is better? It depends on several factors. The type of property you are purchasing, the purchase price of the home, and your long term plans with the home. A home loan is […]
Is an Earnest Money Deposit needed with VA Financing? This is a question that comes up quite a bit with Veterans using VA financing to purchase a home in Orange County, CA. Since no down payment is needed for a home purchase up to a price of $625,500, some would wonder why a deposit is […]
Getting a VA loan after bankruptcy is not as difficult as many think. While most loan programs require anywhere from a 3 year (FHA) to 4 year (Conventional) to even 7 year (some Jumbo programs) wait period after a bankruptcy, the VA program only requires a 2 year wait after the discharge of a bankruptcy. […]