1. Determine Eligibility:

• Ensure you meet the eligibility criteria, which typically includes being an active-duty service member, veteran, National Guard member, or Reservist.

• Obtain your Certificate of Eligibility (COE) from the VA, confirming your eligibility.

2. Understand VA Loan Benefits:

• Familiarize yourself with the advantages of VA loans, such as no down payment requirement, competitive interest rates, and limited closing costs.

3. Review Credit and Finances:

• Check your credit score and work on improving it if necessary.

• Assess your financial situation, including income, debts, and expenses, to determine how much you can comfortably afford.

4. Prequalification:

• This step helps you understand how much you can borrow and what your potential monthly payments might be. The monthly payments may be based on the different types of homes you are looking for.

5. Home Shopping:

• Work with a real estate agent familiar with VA loans to streamline the process. Keep in mind your prequalification amount.

6. Make an Offer and Sign a Purchase Agreement:

• Once you find a suitable home, make an offer and sign a purchase agreement.

• Ensure the contract includes a VA option clause, allowing you to exit the deal if the VA appraisal is lower than the purchase price.

7. Apply for the VA Loan:

• Update and sign application and submit file to underwrite.

• Update and provide necessary documentation.

8. VA Appraisal and Approval:

• We will order a VA appraisal to ensure the property's value and that it is safe and sanitary.

• Upon appraisal approval, we will submit the loan for underwriting and final approval.

9. Closing:

• Schedule a closing date with all parties involved.

• Review closing documents, including the Loan Estimate and Closing Disclosure.

• Attend the closing, sign the necessary paperwork, and receive the keys to your new home.

10. Enjoy Homeownership:

• Move into your new home and enjoy the benefits of dream-homeownership with the support of your VA loan.