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Do I need to come up with any upfront costs to use my VA entitlement?

by kristen751 from Alvada, Ohio. Nov 17th 2016 Reply


RICHARD ROSE (rrose@equity1.us)
#105 ranked lender in Ohio - 2 contributions

Hi Kristen, my name is Richard Rose, President of Equity Mortgage in Chagrin Falls, OH. We do many VA loans and have a direct link to the VA Portal. You do not need to pay for anything to retrieve your entitlement. We do it all of the time for Veterans Loans. If you would like, please contact me at 440-463-2676 or email me at rrose@equity1.us.Attached is our facebook link. https://www.facebook.com/rroseequity/

Nov 17th 2016
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RICHARD ROSE (rrose@equity1.us)
#105 ranked lender in Ohio - 2 contributions

Hi Kristen, my name is Richard Rose, President of Equity Mortgage in Chagrin Falls, OH. We do many VA loans and have a direct link to the VA Portal. You do not need to pay for anything to retrieve your entitlement. We do it all of the time for Veterans Loans. If you would like, please contact me at 440-463-2676 or email me at rrose@equity1.us.Attached is our facebook link. https://www.facebook.com/rroseequity/

Nov 17th 2016
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Josh Lund (Josh_Lund)
#48 ranked lender in Minnesota - 113 contributions

You do not, they get worked into the loan amount. Work with me and another thing you won't have to pay is lender fees!!!Josh LundBranch Manager - Gold Star Mortgage

Dec 1st 2016
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John Burke (jburke)
#1 ranked lender in Texas - 187 contributions

Hi Kristen751,Just to clarify: If your questions is, Do I need to come up with any upfront costs to buy a home using my VA entitlement? Then the answer is YES. You normally have to but an earnest money deposit down when you go under contract. The amount can vary from $100 to $10,000, just depends on your area & the seller. In addition you'll have to pay for your home inspection out of pocket & your appraisal. The good news is you can ask the seller to cover your closings costs & even get all of the money you spent out of pocket refunded at closing.| Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains National Bank http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states

Jan 6th 2017
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