Wealth Your & Your Deserve
For fellow VA Loan qualifiers, we have the best loan product available with little to no money down. In this video I’ll tell you about my personal story of using the VA loan while on active duty, the must know facts about the VA Loan, and how to use it to stop losing money, and start winning wealth for you & your family.
Hi Friends, I’m Mercedes, The Military Realtor.
I was fortunate to use my VA home loan in 2017 as a new 24 yr old e-6. I didn’t have much savings but knew I wanted to be a homeowner. I found a realtor & didn’t find anything within my criteria. That was okay with me. I waited another year and found a perfect home. The only thing that caught me by surprise was the earnest money. I thought this was a 0% down program?! Which it is. The earnest money is just put down to help secure the good faith of the transaction moving forward and you get all of the earnest money put back at the end of the transaction.
I house hacked (roommates), performed some value adding renovations, enjoyed market appreciation, hired a good realtor, and sold it for a nice profit.
I plan to use the VA loan and other methods to acquire property while helping others build success and prosperity through real estate.
I just know that this guide was written by a service member that has been through the process.
Chapter 1
kicks things off with my own journey with a VA home loan. It’s more than just a loan; it’s a powerful tool given to us for our service. We’ll explore what a VA loan is, its rich history, and the significant impact it’s made on veterans like us. It’s all about understanding and appreciating this benefit to the fullest.
Chapter 2
Who’s in? What about service dates? And guess what—your credit score isn’t a deal-breaker here. We’ll answer all your burning questions, ensuring you know exactly how to qualify.
Chapter 3
We’ll dive into the perks of using a VA loan, how to get your Certificate of Eligibility, and what entitlement means for you. This chapter is your key to unlocking those VA loan benefits.
Chapter 4
From tracking and calculating your entitlement to understanding its flexibility and how to restore it if needed—we’ve got you covered.
Chapter 5
We’ll clear up any confusion about the costs involved. The funding fee, waived fees, what costs are allowed, and seller concessions—it’s all laid out simply for you.
Chapter 6
Mortgages, interest rates, monthly payments, pre-approval, and what lenders are looking for—we’ll decode it all together.
Chapter 7
We guide you through the home buying process, emphasizing financial prudence and the role of agents. It’s about making informed decisions every step of the way.
Chapter 8
We explore how to choose the right home for you. Different VA loan types, eligible properties, and key factors to consider—we’ll go through real examples to help you visualize your options.
Chapter 9
In this chapter we cover new constructions and multifamily properties. It’s all about expanding your horizons and understanding all your options.
Chapter 10
This here is a step-by-step walkthrough of the complete VA home buying process. From start to finish, we’ll journey through every stage together.
Chapter 11
From tax savings to refinancing and leveraging your entitlement for future purchases, we’ll cover the ins and outs of maximizing this incredible benefit.
The BIG Takeaway!
The ability to put 0% down, get a lower interest rate than the average, no private mortgage insurance, and that it can be re-used under certain parameters. Depending on your personal situation, different strategies may be used to leverage the most benefits. That includes tactfully buying certain properties in a certain order, how to use FHA/NACA and other down payment programs, minimizing taxes, pulling equity out for another property, and much more. We’ve got such an amazing benefit to help get us to financial freedom & comfort for ourselves and our family.