Tim Storm949-829-1846TimothyS@arborfg.com NMLS #223456 · CA DRE #01086852
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Buying a home with a VA-backed loan, from preparing an offer through closing.
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(Updated Feb 19, 2018) Although VA financing is a great way to purchase a home in Orange County, CA, it is still used rarely enough that Orange County real estate agents are unfamiliar and even uncomfortable with VA buyers. It is not uncommon for a VA buyer to feel like they are being pushed aside if […]
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 […]
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 […]
Orange County, CA VA loan borrowers may still be eligible for the $8,000 First Time Buyer Tax Credit. For everyone else the First Time Buyer tax credit expired if they did not have an offer to purchase a home accepted by April 30, 2010. But military home buyers may still have time provided they meet […]
It is possible to purchase a property in Orange County with no money out of pocket if your eligible for a VA loan. Commonly referred to as a VA NO NO, with a little negotiating, it can be done. What is a VA NO NO? VA refers to the Veterans Administration, which offers 100% financing […]
Orange County, CA First Time Buyers using VA financing will be pleased to know that the First Time Home Buyer Tax Credit has been extended. For most home buyers, the tax credit has been extended through June 30, 2010, as long as the purchase contract has been signed by April 30, 2010. But for members […]
VA is one of the only programs currently available that offers 100% financing for Orange County home buyers. Last month, Michelle Tucker, a single VA eligible homebuyer, took advantage of her VA eligibility and purchased her first home in Santa Ana, CA for $375,000. She had no down payment, and the seller paid all of […]
Orange County home buyers, both First Time home buyers and move-up home buyers, are finding out quickly that the days of 100% financing are in the past. However, there is still a program available that will allow for 100% financing. The catch is you need to be a Veteran. Orange County VA Loan Limit for […]