Condos

Get a VA Loan for Your Condo Purchase

By June 17, 2019September 2nd, 2021No Comments
American flag on the porch.

Coming back to you with some more information

about how to finance condominiums

 

This time I want to talk about

Buying a Condo with a VA loan

 

If you are a Veteran, thank you so much for your services

As I am very passionate about helping our Veterans

 

Look, condos and VA loans don’t blend together

If you’ve watched a video in FHA and Condos

it is very similar

 

In order to purchase a condo

using a VA loan

The condo must be VA approved

 

There is not many of them

there’s more on FHA user but not many

 

You may ask why there are so few

What I have been told

The process to get a condominium approved

with VA is a very timely and expensive process

 

And you know the full process of buying a condominium

does help promote sales and help move more of the units

I guess a lot of people decide that it is not

 

So whether you go FHA or VA

The approval process is expensive

and the approvals expire,

you have got to keep redoing it

 

So that is why there aren’t many

 

Look, if you are interested in buying a condo

And utilizing your VA mortgage benefits

Reach out to me and I’d be happy to do

a search and pull up a list for you

 

That’s what I got for you on VA

Thank you very much folks

My name is Scott DiGregorio

I’m Your Mortgage Guy

I’ll see you on the next video, take care

 

Leave a Reply