VA Loan Contract Guidelines
The journey to homeownership can oftentimes cause would-be homebuyers to literally lose their minds with emotions — from excitement to nervousness and everything in between.
As the homebuying process transitions and you are under contract, it is important to remember the process is not over and there is still work to be done before celebrating.
Although rare, some homebuyers can lose focus once they are under contract. This can result in some delays to the financing process or even result in losing the opportunity to secure a loan.
From the time you apply for the loan to the time you close, we advise you do not apply for any new debts – including co-signing on a note, buying or leasing a vehicle and refinancing other notes – change jobs etc...
We recommend if you have any changes that are to occur while in escrow that you consult with us first. Any movement may cause a huge delay in the closing and possibly even a denial in your loan.
As far as the purchase contract goes, We will thoroughly go through each step that is required, discuss contingencies and set the timeline of when and what is to occur.