View Single Post
Old 01-06-2009, 05:25 AM   #2
macpappy
Rider on the storm.
 
macpappy's Avatar
 
Join Date: Oct 2008
Location: Slidell, LA
Posts: 851
Trading: (0)
Cohiba CoastGuard (Retired)
macpappy will become famous soon enough
Default Re: Help!!!! First time home buyer in Cali

The VA loan is still a good thing. You do your paperwork with the VA, get the form back from them saying that your loan is guaranteed and pre-approved up to a set amount and you shouldn't have a problem with the mortgage company. At least that's how it was when I used it to start buying my house back in 1993.

I had my VA paperwork in hand before we started house hunting. That gave me a better idea of what we could afford to buy and helped me dodge what would have been a big mistake. One of the houses we really liked was in a waterfront community but it was more than what the VA would guarantee so we passed on it. It was destroyed in Hurricane Katrina.

Sorry you have to buy in California though.
__________________
WARNING: I am a Southern White Male. I have a brain and I know how to use it.
macpappy is offline   Reply With Quote