VA Loans - Renovation Loan Or Something Better

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  • Опубліковано 4 жов 2024

КОМЕНТАРІ • 13

  • @redman2751
    @redman2751 3 місяці тому

    Wait what is the PX/Home Depot thing?

    • @vahousingeducation
      @vahousingeducation  3 місяці тому

      @@redman2751 Thank you for watching and the support. If you go to the PX website and login. You can get Home Depot appliances and not pay tax plus they often offer free shipping, saving a ton!

  • @4yeknub
    @4yeknub 3 місяці тому

    What is the name of your mortgage company?

    • @vahousingeducation
      @vahousingeducation  3 місяці тому

      I work at Waterman Bank. Let me know if you have any questions.

    • @jaysnake9158
      @jaysnake9158 3 місяці тому

      Right now I was thinking about veterans united. I'm in north Carolina

    • @vahousingeducation
      @vahousingeducation  3 місяці тому

      @@jaysnake9158 the reason I do what I do - is to help Veterans stay away from Veterans United. They charge crazy fees with little help to Veterans. You can’t imagine the horror stories I hear from Veterans every day about them.

  • @jaysnake9158
    @jaysnake9158 3 місяці тому

    Can you get another va loam if you already paid a loan off

    • @vahousingeducation
      @vahousingeducation  3 місяці тому +1

      @@jaysnake9158 hi Jay, 100%. Two things.
      - First, paying off a VA Loan still locks your entitlement in to the property limiting your ability to maximize the VA loan. You can transfer the loan to a LLC or put it in a trust and then contact the VA and let them know you don’t own it anymore, provide proof and they free your entitlement. This is the best option.
      - Second thing, you can ask for a Once in a Lifetime Restoration. That’s where you ask the VA to restore your benefits on the property you paid off and give you full access to another VA loan. It’s a legitimate one in a lifetime thing. When you use your benefits to purchase a second property with this option, you won’t be able to use another VA Loan until you sell both properties.
      Hope that helps, also happy to jump on a call and go through it. Link to schedule a call is in the description of the video.

    • @HelpingUSMilitaryVets
      @HelpingUSMilitaryVets 3 місяці тому

      @@vahousingeducationWow, great question and well explained answer. I had no idea about this

    • @jaysnake9158
      @jaysnake9158 3 місяці тому

      @@vahousingeducation I would like to know how and what to do

    • @vahousingeducation
      @vahousingeducation  3 місяці тому

      @@jaysnake9158 Hi Jay, schedule a call me and I'll walk you through it. calendly.com/vahousingeducation/30min

  • @josecolon8143
    @josecolon8143 3 місяці тому

    Great education! Thanks for everything you do for us Veterans! 🫡🫡🫡🫡

    • @vahousingeducation
      @vahousingeducation  3 місяці тому +1

      @@josecolon8143 thank you brother! Appreciate the support!