Dave White's (valoanhero) Blog

Q: Adjustable Rates - Do I have to take a fixed-rate VA loan?A: Veterans who shop around will learn it's possible to get a fixed rate loan, negotiated with the lender of your choice. Another option? The adjustable rate loan, where interest may be adjusted one percent annually, up to five percent ...

VA Certificate of Eligibility   Before you get a VA loan, you will need a VA Certificate of Eligibility. If you are a military veteran, we will be happy to help you get one. Fill out our request form and we will send a blank VA Form 26-1880 (Request for a Certificate of Eligibility) to you by ma...

just some humble advice to all in our profession. when gathering your facts and information on your interview don't forget to ask a the crucial question " do you have any military service" If so chances are you have a transaction that will stick as long as your loan officer is experienced with VA...

while lending keeps getting tighter with rules and regulations, The VA loan stands solid. True ratios have been cut, and credit requirements are stricter, however pound for pound if you are working with an experienced VA LO you should be fine. Recently I was given a lead on a VA client. No sooner...

I never am the guy that wants to share bad news or focus on a negative.  After saying that the lending arena is getting worse. Take the VA loan for instance. Lenders are guaranteed that the VA will pay them 25% should a borrower default. One would think it would be a pretty safe bet for a Lender ...

 Just when you thought it was safe to lock your loan...daaaaaa na daaaaa na da na da na da na. The  good news is rates dropped .250% today. The bad news is its getting harder to obtain financing. Fannie mae has announced that we will only be able to count 60% of a clients 401k towards reserve. Pl...

It occurred to me  that "lending slang" can be a little confusing to say the least. Conventional lending is hard enough add VA lingo and you have lending terminology on steroids. Lets take some basics and then focus on the main point which Is BAH ( Basic Housing Allowance) LTV- Loan to Value rati...

Hoapili is a new development in the works offered by DH Horton. The proposal is to build 12,000 new homes in the next 15 to 20 years. Sure this brings more product and more product means more transactions however it also means more traffic mess and, too much product can also mean lower value. If ...

One of the most frequent objections I hear to not wanting home ownership is " I'm only going to be here three years" Lets examine that just a little. Firstly If they are  an E-5 they are going to be throwing away about $60,000 just in BAH. In addition there is no tax write off. Most people forget...

I really Love to market. I mean I really Love it.  Nobody tells you where to go, when to go or how to do it. Creating energy is always a wonderful feeling. There is no gadget, gizmo or smart phone that can make up the for the feeling of the " human connection." In addition there is no feeling lik...