I'm very happy I found you and your team 5 months ago for my VA loan. 26 days from offer to close😎👍👍 Vet peeps...she awesome and her team are all Rock stars Thanks Jen 😉 💪😎❤
I’m currently under the underwriting step with her team, hopefully I hear good news from this week!! Out of everybody I’ve spoken with her team have been great and to the point no bs, but also no sugar coating. Straight to the point and I like that, it’s very refreshing.
I just ran across your channel. I’m Retired Military and I really appreciate your channel. I will definitely let my veteran friends know about your channel.
This is so true, I texted Jennifer and she responded within 15 mins. Thank you so much for responding to my text. My new construction builders use a method to where they have three lenders to choose from and then they compete for the best offer. Jennifer provided me the tools and what to look for which helped me make my decision. 🙌
I really wish I found yall sooner I so didn't get treated right by my seller realtor and Lender 😢 even after agreeing to include 12k towards closing cost and fees which they added on to the price of the house i was uneducated and paid the price for my ignorance. BUT !!!! SINCE THEN WE ARE WORKING WITH JENNIFER'S TEAM AND THEY HAVE SAVED US THANK YOU JENNIFER SANDY KRISSY ASHLEY FOR ALL YOUR HELP ❤ and Treating VETERANS with the Respect we don't see much ❤
Yup had a client go into contract then start shopping me w a no name NJ lender offering them much lower rate that I couldn't touch. 3 days before closing, surprise $18k fee to get that rate. They had the money but had no choice but to pony up and pay or lose house and their deposit. This story we share at each of our 1st time buyer class..
It is staggering, how often the occurs. Hopefully with enough education, buyers will start shaking, locked loan estimates out of these predators, and will get them out of the industry.
Jennifer can you explain the 1% rule it seems confusing our origination fees were well over 1% of the sell prices of the house ??? I'm confused on what's acceptable for closings cost and fees ???
Hey, there is no one percent rule. Lenders love to say that VA lets lenders charge one percent but you don’t need to charge one percent as a lender on a VA loan.
Hi Jennifer I just ran across your videos Question: should I ask lender what the rates are before I start submitting proof of income when applying for a loan Thanks in advanced
What are you thoughts on the “Homebuyers Choice” or the “Military Choice” with Navy Federal vs the VA loan? It seems appealing to float down for $250 each time without a mortgage reset.
I am not a huge fan. The interest rates are higher on them than if you did VA or conventional. So if they have a float down great, but you could’ve started out lower from the beginning so why do you want to pay extra interest?
@@JenniferBeeston that makes sense, thank you. I guess not resetting the loan amortization is what's most appealing with the Military Buyers Choice. And if/when those rates get down to the low 4's or 3's and roll to a VA loan with the .5% discount instead of rolling into the IRRRL's. It's quite a dilemma, one way or another I guess the banks will make their $ and fees either on the front end or somewhere along the line. Thank you for the feedback!
Va does not have MIP so there is not upfront mip. FHA has that but Va does not. If you do not get VA disability then you have a VA funding fee with 10%+ down of 1.25%.
Lender first as you want to get the money lined up and make sure you comfortable with payment etc before you fall in love with a house. We are happy to get you prequalified www.zerostressmortgage.com
I got a pre qualification letter for 225,000 wondering if I could get more but I haven’t really been explained about everything from the current VA loan officer that I have right now. Have any advice ?
To be blunt, Ditch them and call me....707-478-0637 You can work with a lender where you are begging for info or with one that explains everything and walks you through the process. We do the latter . It does not cost more to work with a good lender
@@JenniferBeeston okay thanks. I bought a house 2 years ago with va loan in nj. Eventually i would like to buy something else for an investment ( not to live in ). But i dont think now is a good time to interest rates to high. Houses are overpriced. Your thoughts? I would be open to buying in Florida
Hi Mike, I don’t think interest rates or the cost of housing is necessarily the worst issue with investment properties right now. My biggest concern as an investor is what some states are doing with landlord rights, renter rights, and then also the compounding problem of what homeowners insurance is going to cost down the line. This is something I’m actively exploring myself, so I’m sure I will be doing a lot of videos on it in the next six months
Nah, they’re super easy. The only time you see a bunch of paperwork is if it’s a manual underwrite and realistically, it’s not even that bad then. Technology has made VA loans so much easier. At least if you’re working with a lender that has technology. If you’re working with a lender that doesn’t have technology, yeah it’s gonna suck.
100% that is because of the lender that you used. Next time you buy a house call me, I am going to make you a believer that VA loans are amazing and fast and easy
