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

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Does anyone have any experience with this and if this would be possible to do with first using hard money to purchase and rehab the property, and then using the VA loan for a primary residence? Or, what restrictions the VA might have with allowing someone to do this. Thanks for viewing my post, and thanks in advance for any and all responses.

Rents in California have skyrocketed over the past decade. In contrast to the rhetoric about helping hard-pressed renters, Fisher notes, Harris’ plan would shower benefits on a staggering number of.

VA Condo Project Approval Process. One frequently asked question about the VA loan process involves the inner workings of VA condo approval. In this article we dive in to the condo approval process. VA Loan Requirements for Multi-Family Units. VA loans have a variety of applications.

limit my search to r/RealEstate.. Does anyone have information on the process of going from a Hard Money loan to a VA loan? 3 13 comments . Opinions on offers. Should I tell my dad to sell his house? Welcome to Reddit, the front page of the internet.

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Eligible Veterans often bypass the program as a viable option for a number of reasons. First, they may not know all the advantages. Second, they may think getting a VA loan is an arduous process to be avoided. Last, some lenders don’t take the time to teach Veterans about the program, or don’t know much about it themselves. The VA home loan.

Because we have middle credit scores that exceed 720, the mortgage lender has agreed to waive the origination fee (they have a program set up for this). Also, since we’re using a realtor in their preferred network, we get some money back after closing. Something like $500 bucks since the purchase amount will be less than $300,000.

Once you have qualified for and been approved for a construction loan, the lender begins paying out the money they agreed to loan to you. However, they are not just going to give the builder the cash all at once. Instead, a schedule of draws is set up. Draws

They will going to make great process and program to make things work in both sides to make the payment more easier and not so much hard. for my loan because if they did it for everyone, they.