r/RealEstate – Does anyone have information on the process of going from a Hard Money loan to a VA loan?

Using a VA Loan with Power of Attorney.. Step-by-Step Guide to the VA Loan Process.. A distinct advantage of using your VA loan is that you may not have to pay some of the additional fees.

Due to this higher risk involved on a hard money loan, the interest rates for a hard money loan will be higher than conventional loans. Interest rates for hard money loans range from 10 – 15% depending on the specific lender and the perceived risk of the loan. Points can range anywhere from 2 – 4% of the total amount loaned.

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I have used my VA loan to buy a single family home in California. If I understand correctly, after two years I can rent out the property. A Veteran muI have used my VA loan to buy a single family home in California. If I understand correctly, after two years I can rent out the property. A Veteran mu

These are the questions people most often forget to ask their loan officer, but could make all the difference in your confidence as a new homeowner. This is all part of the smart things to do before getting a mortgage. Being well prepared will increase your odds on the loan process going much more smoothly. The Role of a Loan.

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“The shoes are so big, I’m not going to try to fill them. That doesn’t just mean an equity loan for $150,000. It could be a $300 loan to get the car transmission fixed. “A financial cooperative.

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