Tim Storm949-829-1846TimothyS@arborfg.com NMLS #223456 · CA DRE #01086852
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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.
Many times Veterans will use an FHA loan to buy a home when the better option would have been a VA home loan. This happens in Orange County quite often. The reason tends to be because there a lot of lenders in Orange County who don’t understand the VA home loan program and think it […]
It is possible for Orange County Veterans to use their VA benefit for a home loan more than once. And there are a couple of ways to do it. What many Veterans don’t realize is that the VA home loan is not strictly for first time home buyers. In high cost counties like Orange county […]
It is possible to refinance a Cal-Vet home loan. You just have to do it into a new VA home loan. One of the downsides of the CalVet home loan program is that you cannot refinance when interest rates drop. While the VA home loan program offers one of the best refinancing options around, the […]
It is possible to get approved for a VA home loan only two years after a foreclosure and immediately after a short sale. VA home loan guidelines are more lenient in this respect than just about any other type of financing. For a Conventional Fannie Mae to Freddie Mac loan the borrower would need to […]
The VA home loan program is very good for Orange County Veterans. For those who have served our country, the VA home loan offers a way to buy a home with no down payment. But what makes the loan even better, at least in Orange County, is the high loan limits. While most of the […]
A common question by Orange County veterans interested in using VA financing to purchase or refinance a home is “what is the minimum FICO required?” The answer to this question can vary from lender to lender. Many lenders require a minimum of 620. But there are lenders who will allow FICO scores as low as […]
Many Orange County, CA veterans think that the VA loan program is only for first time home buyers. Or is for low income home buyers. In Orange County especially, that is not even close to the truth. In the OC, where the 100% financing limit for a VA loan is $668,750 in 2013 *, there […]
The real estate market in Orange County, CA is hotter than its been in years making mortgage PreApproval more important than ever. There are more people looking to purchase a home, and all price ranges, than at any time since before 2008. This has lead to competition for the limited supply of homes on the […]
VA mortgage loans allow you to refinance your home to take advantage of lower interest rates that can ultimately save you sizable sums of money in both the long-run and the short-run by lowering your monthly payment.
A common myth with VA loans in Orange County is that the seller is required to pay some or all of the closing costs on behalf of the Veteran buying the home. This is not true. As a matter of fact the seller is not “required” to pay anything for the Veteran. Sadly, this misconception […]