Don’t get tricked into using an out of state, inexperienced VA Lender

VA Loan

Throughout my extensive experience of working with Military families looking for homes in Maryland and Washington, DC, I have spoken with many buyers who had obtained VA financing pre-approvals through on-line or internet mortgage companies.  Though I am sure there are competent professionals working at some of these companies, my overwhelming experience has been that these online lenders lack the professionalism, experience and knowledge to handle such an important transaction. These companies choose deceptive names and internet addresses such as …

Throughout my extensive experience of working with Military families looking for homes in Maryland and Washington, DC, I have spoken with many buyers who had obtained VA financing pre-approvals through on-line or internet mortgage companies.  Though I am sure there are competent professionals working at some of these companies, my overwhelming experience has been that these online lenders lack the professionalism, experience and knowledge to handle such an important transaction.

These companies choose deceptive names and internet addresses such as VALoanCenter.com, VALoans.com, VeteranLoanCenter.com and so on.  The reasons they choose these names are so they can get better recognition by search sites such as Google or Bing, but also so they can appear to be somehow affiliated with the government.  Read on to find out how to choose a lender and what to look out for.

 
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When I was choosing a name for the brokerage, I looked towards my biggest achievement in real estate for inspiration. In 2006, we bought a dilapidated bungalow in Baltimore and for three years we renovated the home from top to bottom. To see the before and after pictures and see the story of this renovation, click here.

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Each week we are proud to present new real estate related videos explaining the various aspects of the home buying and selling process. We delve into every aspect of the process from how your agent gets paid, to what happens at settlement.

Our videos are conducted by real estate professionals throughout Maryland and Washington, DC who are happy to provide their expertise on different areas such as financing, home inspections and settlement procedures.

To browse our library of videos and start your real estate education, click here.