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Does every lender do a VA home loan?

I found a home worth 190 that I would like to buy, I am a veteran and I have good credit (760) with decent income. I am in the Carlsbad/Oceanside area of California. Please leave contact information so I can reach you. by from , . Jan 6th 2012 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 1,823 contributions

NO, not all lenders do VA loans, and some lenders are better at it than others. I currently do not lend in CA, but my best advice is to contact a local Mortgage Banker/Broker, rather than one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter ~ The LoansA2z team of Nova Home Loans. www.LoansA2z.com ~ NMLS # 40586

Jan 6th 2012
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Aaron Clowes (AC4Mortgage)
#532 ranked lender in California - 5 contributions

Not all, but a lot do. I've got 3 in process right now in CA. 916-640-7839 or aclowes@envoymortgage.com for more info

Jan 6th 2012
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John,We can assist with your home purchase. My email is Joe@EHMHomes.com or you can call my cell at 949-278-9333. I look forward to speaking with you.Joe

Jan 6th 2012
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Dave Luchini (davelu_135_346)
#530 ranked lender in California - 8 contributions

Yes, we can do VA financing in the Carlsbad/Oceanside area, please reach out to me for additional information. My email address is daveluchini.apmc@gmail.com and can be reached at 925-242-2271. Thank you Dave Luchini

Jan 6th 2012
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Jim Litsis (JimLitsis)
#531 ranked lender in California - 6 contributions

Hi John, as a veteran myself and mortgage advisor in California, I am highly experienced with VA loans. Feel free to call me at (310) 831-2367. I'd love to help you out. Look forward to speaking with you!

Jan 6th 2012
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

Good luck John with your search.. Be sure to use a Licensed Mortgage Broker, not a bank. And be sure to ask for your quote in writing. WilliamAcres.com

Jan 6th 2012
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Brad Yzermans (HomeLoanArtist.com)
#512 ranked lender in California - 10 contributions

Hi John,Not all lenders do VA, as you have read already (I do). VA has different disclosures and different methods of qualifying than other govt. insured type loan programs (FHA - USDA). I have seen many lenders drop the ball who did not properly calculate the buyers residual income correctly and although they meet the DTI requirements, do not meet the VA's residual income requirements. Epic FAIL.Can you imagine the surprise being 3 weeks into escrow and the lender comes back and says, ooops, sorry, I didn't calculate your residual income correctly and you actually don't qualify.....sorry. That scenario happens more often than you could imagine.I'm in Temecula if you want to talk or compare rates. Check out my blog as well for additional info you need to know about the buying process.

Jan 6th 2012
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Elise Groves (EliseGroves)
#520 ranked lender in California - 4 contributions

HI John - I am very experienced in doing VA loans and would be delighted to help you with this. These are one of the best loans on the market these days and have some excellent features, including allowing the seller to pay off debt of yours to qualify! Amazing. Be aware though that VA loans also require pest report clearances and this can often be a deal breaker on properties that need work. Please give us a call to answer any other questions you have... my son Glenn, who works with me now, was stationed at Miramar when he proudly served in the Marine Corps, so is very familiar with the area. We can be reached at 707.546.0440 or www.GrovesTeam.net. You can also find numerous 5 star Yelp reviews for me, Elise Groves. Semper Fi!

Jan 6th 2012
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Jason Christiansen (ChristiansenCapital)
#517 ranked lender in California - 1 contribution

Hi John,Instead of repeating what everyone else has said I will simply say we are located in Oceanside and do VA loans. If you would like to contact me directly or meet for a free consultation I would love to discuss your options. (800) 760-8680 X 101 or email me at Jason(at)Christiansen Capital.com.

Jan 6th 2012
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,970 contributions

Not all lenders do VA loans.... But more importantly, just because the lender offers the program, you need to be more concerned about the actual loan officer you are working with understanding and having experience with VA loans. Make sure you select a VA loan expert, not just a company that does VA loans. Little things like "residual income" guidelines screw up rookie VA loan officers all the time. Need a VA loan in MN or WI? Click my name to the left, or visit www.MnBestRates.com

Jan 7th 2012
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