HVAC Need-to-Know: The Big Refrigerant Phase-Out (And What It Means for You)
Let’s talk about something behind the scenes—but hugely important for your home comfort and your wallet: refrigerants. Big changes are underway in the HVAC world, and they’re worth knowing before your next maintenance visit. (Speaking of, have you scheduled yours yet? Summer’s almost here!) How to Check What Refrigerant Your System Uses Before anything else, […]
Hello and Introductions
By Chris Andaya / February 17, 2023 Attention homebuyers! I want to introduce you to The Veteran Lending Team, a group of loan officers who are all proud US military veterans. Our name says it all: we’re here to serve all American homebuyers, and we’re committed to providing a better way. At The Veteran Lending Team, […]
VA Loan: Basics
By Chris Andaya / February 17, 2023 Gather ’round, homebuyers, and listen well. I’m here to impart some wisdom about one of the greatest benefits you can earn as a US military veteran: the VA home loan. First things first, let’s talk about the qualifications. To be eligible for a VA home loan, you must have […]
Calculating Debt to Income
By Chris Andaya / February 26, 2023 Aspiring homebuyers often look to mortgage loans to finance their purchase. One of the primary factors lenders consider when evaluating loan applications is the borrower’s debt-to-income ratio or DTI. DTI is the percentage of a borrower’s gross monthly income that goes toward paying debts. This blog post will discuss DTI […]
VA Loan Eligibility: A Guide for Surviving Spouses
By Chris Andaya / February 26, 2023 At The Veteran Lending Team, we believe in serving our fellow veterans by helping them navigate the complexities of the VA loan process. In this article, we want to clarify the VA loan eligibility requirements for surviving spouses. Who Qualifies as a Surviving Spouse for a VA Loan? Surviving spouses […]
Closing Costs for Homebuyers: Understanding the VA Loan Process
By Chris Andaya / February 26, 2023 Purchasing a home is a significant investment, and understanding the expenses associated with the home buying process is essential to ensure that you are financially prepared. Closing costs are a crucial aspect of purchasing a home, and they include a variety of fees paid at or before closing on a home […]
VA Loan: Work History Requirements
By Chris Andaya / February 27, 2023 The VA home loan program is one of the most beneficial loan programs available to eligible service members, veterans, and their families. One of the main advantages of the VA loan program is that it allows borrowers to purchase a home with little to no down payment and no private […]
Common Questions About Mortgage Rate Locks
By Chris Andaya / February 27, 2023 Buying a home is a big investment, and getting a mortgage is often a crucial part of the process. One of the most important factors to consider when getting a mortgage is the interest rate. Interest rates can have a significant impact on your monthly mortgage payments and the overall […]
Discussing The Closing Process
By Chris Andaya / February 27, 2023 Preparing for Closing After you and the seller sign the purchase agreement, you will have 30-60 days to prepare for closing. During this time, you will need to select a title company and/or real estate attorney, purchase homeowner’s insurance, purchase title insurance, meet all loan conditions, prepare to move, review […]
Understanding The Closing Disclosure
By Chris Andaya / February 27, 2023 When applying for a mortgage, borrowers will eventually receive a Closing Disclosure form from their lender shortly before closing on the home. This document is distinct from the Loan Estimate, which is a summary of loan terms and costs received within three business days of applying for a mortgage. The […]
