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Helpful Steps to Buying a Home | Valor Lending Group

Are you interested in buying a home?

Do you need to know where to start with the home-buying process?

Valor Lending Group is ready to embark on your home-buying journey with you! We have helped thousands in California and are excited to take our services to Arizona. There is no question that you are too big or too small that we won’t be able to help you. We pride ourselves on our top-notch communication skills to tackle any situation that comes our way. Reach out to us today, and one of our loan officers will get back to you ASAP with advice you can trust!

There are specific steps to take when buying a home; it can be overwhelming if you don’t know where to start. Finding the right team to help you in this process is a MUST! When you have the right team behind you, the home-buying experience can be simplified.

Look no further! Valor Lending Group is here to help you TODAY!

Check out our 6 helpful steps to buying the home you deserve.

If you are a first-time homebuyer, you may need help understanding the steps and time required to buy a home. Buying a home is a marathon. It is not a sprint. That being said, could you look at this simplified process below?

6 Helpful Steps to Buying a Home

1. Prequalify For a Loan

This is the first of the 6 steps to buying a home. With the help of your Mortgage Loan Originator, you decide on a loan program that works for you. You will be sent a complete disclosure package containing an application and a list of required documents that need to be obtained.  You’ll fill out the application, gather the materials, and submit it.

2. Find Your Home and Submit Your Application

After you submit it, your Loan Processor is your point of contact and will be throughout the process. This person will review your information and ask for anything necessary to finish your application.

3. Loan Processing

Once everything is in order, the Loan Processor will submit your information to a loan Underwriter, who will meticulously examine your documentation and information. The Underwriter may request additional information on some unverified items. This part of the process may require some back and forth between the Underwriter and your Loan Processor to ensure that all government and lender guidelines are met.

4. Schedule Your Closing

After all, the guidelines have been met, and all information has been verified, your file will be issued a Clear to Close. Once this is given, your Loan Processor can schedule the closing and the signing of the final documents.

5. Closing On Your home

At the closing table, your closing agent will thoroughly review all details of the transaction, the closing costs will be due, and you will sign several pages of documents. The Closing process can be stressful, but don’t let it distract from your excitement that the mortgage process is almost complete and the house you want can now be yours.

6. Congratulations!

You Are Now a Homeowner

Recap of our Loan Products

1. Hard Money Loans (20% down / minimal documentation) are Typically funded in 7-10 days.
2. Stated Income Loans (Great for business owners and self-employed). No tax returns!
3. 100% financing is available (we can cross-collateralize other properties if there is enough equity)
4. Valor VA Home Loan 100% financing up to $1.5MM
5. Rental Property Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow – No DSCR Coverage is needed!
6. Flipper & Rehab Loans (Flip a property with one of our many options)
7. 2nd Position Loans up to $5mm
8. Raw Land & Lot Loans
9. Ground-up Construction for spec homes, custom homes, and commercial ground-up.
10. Farms, Vineyards, Ranches, and Agricultural Properties (25-30% down)
11. 10% down Jumbo’s up to $1.5mm
12. Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
13. Acreage Properties
14. Commercial Loans up to $500mm
15. 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
16. Foreign Nationals Loans (no social security or residency required)

Other Programs we Offer:

1. Conventional Conforming Loans
2. High Balance Conforming
3. Jumbo Loan Financing |10% down Jumbo to $1.5mm
4. FHA, USDA
5. Reverse mortgages up to $1 Million in Value
6. Cash-Out Refinancing

*Terms and conditions can change daily without notice

WE OFFER EVERY MORTGAGE LOAN IN THE BOOK

CALL or EMAIL me for immediate attention to your scenario!

Valor Lending Group can fund your fast-hard money loan of up to $10MM in as little as 7 days, often without an appraisal.

I’m looking forward to showing you my prompt and professional service.

For the most up-to-date mortgage news, visit: Mortgage News Daily

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