R B asked:
I am a single Airman First Class stationed in japan, and I want to take out a home loan/mortgage through the VA however it looks like they won’t let me do so due to the fact that I won’t be occupying it while I do not have a spouse that can do so either. However they offer a chance to carry out a loan guaranty combinded with a non veteran. First off what is a loan guaranty. As a 19 year old E-3 what kind of credit score an I going to need to be looking at to get a loan between 100-200K from the VA or any other home loan lender, what kind of interest rates will I be looking at, and if I was to combine w/ a non veteran and go for the VA loan what kind of shape would their credit need to be in? Any other advice at all would be greatly appreciated! I want to make this first investment on a house and get myself into the Real Estate business since the housing market is down and it is a perfect time to buy. Does anyone have any advice Real Estate wise and please be as descriptive as possible! Thanks big time!!
Due to the restrictions by the VA would it be a better idea for to me branch outside of the VA in search of a home loan/mortgage? And should I consider a joint loan? Credit, and debts are not a problem. With a guarenteed paycheck and solid income I don’t see that being an issue either..
Simi Valley CA Real Estate
I am a single Airman First Class stationed in japan, and I want to take out a home loan/mortgage through the VA however it looks like they won’t let me do so due to the fact that I won’t be occupying it while I do not have a spouse that can do so either. However they offer a chance to carry out a loan guaranty combinded with a non veteran. First off what is a loan guaranty. As a 19 year old E-3 what kind of credit score an I going to need to be looking at to get a loan between 100-200K from the VA or any other home loan lender, what kind of interest rates will I be looking at, and if I was to combine w/ a non veteran and go for the VA loan what kind of shape would their credit need to be in? Any other advice at all would be greatly appreciated! I want to make this first investment on a house and get myself into the Real Estate business since the housing market is down and it is a perfect time to buy. Does anyone have any advice Real Estate wise and please be as descriptive as possible! Thanks big time!!
Due to the restrictions by the VA would it be a better idea for to me branch outside of the VA in search of a home loan/mortgage? And should I consider a joint loan? Credit, and debts are not a problem. With a guarenteed paycheck and solid income I don’t see that being an issue either..
Simi Valley CA Real Estate
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