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Marcella started in the mortgage industry over 15 years ago in her native Southern California. Her family relocated to Austin in 2012 and she joined our Veterans United team in April 2015. She is married to a Marine Veteran who is actively involved with Honor Flight Austin. She brings years of mortgage experience and a lifetime of positivity to our Austin team.
Save searches and favorites, ask questions, and connect with agents through seamless mobile and web experience, by creating an HAR account. Connecting with Realtors to offer them our VA home loan services. On closing day, expect to sign a lot of paperwork and finally get the keys to your new home. The VA appraisal process includes a look at the home in light of some general property condition requirements, known as the Minimum Property Requirements . MPRs are a high-level overview and not as in-depth as a home inspection. The VA doesn't require a home inspection, but home inspections are almost always a sound investment.
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The pros at Veterans United were knowledgeable, helpful and always willing to answer questions. They were all a pleasure to work with and I'd gladly recommend them to anyone. Managing your Loan Officer role in the loan process in partnership with your Transaction Coordinator. After passing the appraisal and underwriting, you'll receive a "clear to close," which means you're ready to head to your closing day.
Finding a real estate agent who truly knows VA loans is critical. These are more specialized home loan options, and some properties can be a better fit for VA loans than others. Plus, VA loans also offer big-time advantages when it comes to things like closing costs, and veteran-friendly agents can help buyers get the most from their benefits. VA buyers will receive a Closing Disclosure shortly before their scheduled loan closing. This document allows buyers to compare their final closing costs and loan information to estimates they received earlier in the process.
Frequently Asked Questions about Veterans United Home Loans Austin
Being "clear to close" is still not a guarantee of financing, but you're just about there. The VA assigns an independent, third-party appraiser to assess the property's value and condition. Lenders have no control over the appraiser, their timeline for conducting the appraisal, or their assessment of the property. It might take VA buyers a couple of rounds of negotiation to lock down a purchase agreement. Also, keep in mind some markets are tougher than others. You may make offers on multiple homes before finding something that works.
He has been a licensed Mortgage Loan Originator and VA Loan Specialist since 2004 and opened the Austin branch of Veterans United Home Loans in January 2014. He is passionate about working with fellow veterans and teaching VA classes to Realtors to spread the good news about military home loan benefits. Chad and his wife are challenged daily by the wonderful blessing of having three young boys. Your loan team will likely have questions and requests for additional information while the appraisal process unfolds. The faster you get back to your lender with answers and information, the smoother this stage tends to go.
Your Texas VA Loan Experts
Document requests can differ depending on the nature of your income, your military service history and more. This process typically results in a stronger financial future, using arguably the most powerful mortgage product on the market. FHA Purchase Loans – Small down payment option with mortgage insurance on primary residences.
Preapproval also adds weight to any offer you place on a home. In today's real estate environment, home sellers expect to see offers from preapproved buyers. Some sellers might not even consider your offer without a copy of your preapproval letter. Chad proudly served four years on active duty in the Marine Corps infantry before graduating with honors from McCombs School of Business at the University of Texas at Austin.
Financial Advisor – Austin, TX
Our loan officer was always available and responsive to any questions. No matter the time of day or night she always kept us informed of our progress. I definitely recommend them to any veteran that is looking for a good reliable company to help with home buying.
You may also have a final walkthrough of the property. A final walkthrough allows you to verify any repairs, request removal for items you didn't want to stay behind and more. Contact your real estate agent and lender if there are any problems as soon as possible. The appraiser will look at recent comparable home sales when evaluating the home's fair market value.
Buyers will need the home to appraise for at least what they've offered to pay for it. If an appraisal falls short, the buyer and seller will need to renegotiate the purchase price or end the transaction. Every VA contract features added protection for the Veteran's earnest money regarding the VA appraisal.
Your loan officer typically reviews this document with you. Be sure to ask if you have any questions about your costs, fees, or anything else. January and the experience and service was outstanding.
Your agent will look at recent comparable home sales in the area to help shape your starting point for a purchase price. Pricing and negotiation strategies can vary depending on the real estate market, the particular home and much more. Getting preapproved for a VA loan is a foundational first step.
Manage digital channels, create custom promotional items, coordinate events and book media placements in your community with our marketing team. Connect borrowers with consultants from our exclusive Homebuyer Concierge service for help setting up utilities, booking movers and even finding restaurants in their area.
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