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.
Orange County has a lot of condo projects, but not all projects are approved for a VA home loan. So how does an Orange County, CA VA loan eligible home buyer and the real estate agent they are working with, figure out if a particular condo project is approved? It’s actually relatively easy. The first […]
A VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required.
Home buyers in Orange County, CA using VA loan financing need to know how a property taxes and insurance impound account works. An impound account for property taxes and home owners insurance is required on all VA loans. Impound accounts, also known as a “escrow accounts”, are essentially a forced savings account held by the […]
VA loan financing is going strong in Orange County cities like Lake Forest. With the 2011 VA loan limit for 100% financing in Orange County at $700,000, Veterans in Orange County, CA are able purchase very nice homes with no down payment. Below is an example of a recent closing in Lake Forest where an Orange County […]
VA loans will be even more popular in 2011 than in 2010 in Orange County. There are several reasons, besides the most obvious reason being that no down payment is required up to a $700,000 purchase price. Up until recently, Orange County Veterans did not realize the benefits that a VA loan program offered them. […]
The loan limits for 100% VA loan financing in Orange County, CA have been increased for 2011 to $700,000. This is great news and means VA eligible home buyers will be able to purchase homes up to $700,000 with no down payment. There is no other loan programs allowing $0 down anywhere near this loan […]
Closing a VA loan in Orange County in 30 days or less is not only possible, but is easy. But for the loan to close this quickly, all parties involved must be ready to react quickly to requests from the lender. What Needs to Happen For a 30 Day VA Loan? Borrower – it helps […]
There are several differences between the VA home loan program and the Calvet home loan program. California veterans should take time to learn about both programs to determine what is best for them. There are times when the Calvet program is better and other times when the VA home loan program is better. Below are […]
Orange County Veterans who have had a short sale are able to purchase a home with $0 down immediately after the short sale. Veterans who have had a foreclosure need to wait two years. VA is relatively flexible in how they look at foreclosures and short sales, compared to FHA and Fannie Mae. Short Sale […]
It is more important that ever for Condo projects to either keep their FHA and VA project approvals, or if not already approved, submit the paperwork to get approved. Orange County, CA, along with most of Southern California, has a high concentration of condo projects, yet a high percentage of these projects are not approved […]