Military Homebuyer Colorado Springs January 2014

HOMEBUYER WELCOME VA LOAN CULTURE LOCAL GET STARTED CONTACT A VA LOAN SPECIALIST It’s important to work with experts who understand the power of the VA loan and the needs of military borrowers. Our VA loan experts will determine your eligibility, gain a sense of your financial situation and help get you to loan preapproval. SHOP AROUND FOR A HOME We are a passionate group dedicated to serving those who have served our nation. We work hard and deliver results with integrity as we strive to be the strongest, most knowledgeable VA loan team in the country. Steps to Getting a VA Loan AN INFORMED CONSUMER MAKES INFORMED CHOICES Purchasing a home doesn't have to be an overwhelming process. It’s important to step back and look over the steps to securing a VA loan. We work closely with our borrowers to ensure they’re prepared and that the process is as painless and streamlined as possible. Informed consumers make informed choices. We’re committed to educating military borrowers about the significant benefits available to them because of their service and sacrifice. 6 Colorado Springs Homebuyer ColoradoVALender.com We connect borrowers with local real estate agents who work routinely with service members and know how the VA loan performs in the marketplace. PURCHASE AGREEMENT VA borrowers can negotiate with sellers. Once you come to terms with the seller, you'll enter into a purchase agreement, which is contingent upon an appraisal and the lender’s final approval. LOAN UNDERWRITING Once you've been accepted, your loan documentation and contract will go to an experienced underwriter for review. The underwriter will verify financial information and request additional items as needed to meet VA guidelines. CLOSING (and congratulations!) At closing, you’ll sign paperwork, finalize your VA loan and take ownership of your new home. Ninety percent of VA loans come with no down payment, and most VA borrowers pay little to no out-of-pocket costs at their loan closing. NMLS 1907

Military Homebuyer Colorado Springs January 2014 | Page 6