Nashville VA Loans
If you are a qualified veteran interested in relocating to Nashville, right now is a great time to apply for a Tennessee VA Loan. When you apply for your VA Loan today, you won’t be required to provide a down payment on the property in order to procure the loan. You also won’t have to pay private monthly mortgage insurance. These are just two of the great benefits that make VA Home Loans incredibly affordable. Here are the steps you will need to take to obtain your Nashville VA Loan today.
1. Get Pre-approved
While it’s not necessary to get pre-approved for a loan, it is a good way to get an idea of how much house you will be able to afford. Pre-approval only takes a minute and has no strings attached, so it’s a great first step to obtaining your VA Loan.
2. Go house shopping
Now is the fun part! When you find that perfect Nashville home for you and your family, discuss the price with the seller or agent and sign a buyer’s agreement. This agreement will be binding pending approval of the loan.
3. Establish your eligibility
You or your lender will need to submit an eligibility form with the VA. To qualify, you must have served a minimum of 181 days of regular active-duty service with the United States Military.
4. Start the loan process
Once you have your Certificate of Eligibility, you will then need to start the loan process. During this time you will need to supply your financial information, have the house appraised by a VA-approved inspector and sign any necessary documents. Once the loan is approved you will be required to attend the closing of the loan and pay all closing fees.
5. Enjoy your new home!
Congratulations! Now that your loan has been approved you are free to move your family into your lovely new Nashville home.
Get Started Today
We have a team of VA home specialists here to help you get started on your VA Loan today. All you need to do is fill out our quick online form and we’ll do the rest. It’s free, fast, secure and has no obligations. Pre-approval has never been easier!