In today’s live stream, we are joined by Michael Quinn, a loan officer with Sierra Pacific Mortgage who specializes in VA loans. This isn’t surprising considering that Michael himself is a veteran of the first gulf war.
Michael is joining us today to talk about a wide variety of topics relating to VA financing. VA loans are specially designed for military men and women, but there are a few qualifications you need to meet. If you do meet them, you get to enjoy the benefits of $0 down and no mortgage insurance.
VA loans are some of the best loans out there.
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To be eligible for a VA loan, you have to had served in active duty for at least two years during peacetime. If you are in the reserves, you are eligible after six years.
Thanks to all who participated in the live chat as well. We discussed some great topics such as:
- The certificate of eligibility
- Buying a fixer upper with a VA loan
- Paying down your loan quicker with VA financing
- No mortgage insurance
- How to get a VA loan after foreclosure, short sale, or bankruptcy
If you want to learn more about any of this, watch the video above. If you have any questions specifically for Mike, you can reach him at (805)-232-8796. If you have any other real estate questions, don’t hesitate to give me a call or send me an email. I look forward to speaking with you soon.
