Aaron Campbell Phone: (317) 506-0886 Email: acampbell@spectrummtg.net
John M. Dearth Phone: (317) 506-3346 Email: jdearth@spectrummtg.net
John M. Dearth Phone: (317) 506-3346 Email: jdearth@spectrummtg.net
What are the disadvantages of a VA Loan?
- VA Loans made prior to March 1, 1988 can be assumed with no qualifying of the new buyer. If the buyer defaults the property the Veteran homeowner may be liable for the funds.
- Some sellers are hesitant to work with someone obtaining a VA Loan because it takes longer than a conventional loan to process.
- Sellers are often asked to pay a portion of closing costs and therefore less likely to negotiate the sales price of the home.
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© Copyright. All rights reserved. Spectrum Mortgage Services | Address: 9616 Day Dr #110 | Indianapolis, IN 46280
Aaron Campbell: Phone: (317) 506-0886 | Fax: (317) 849-2313 | Email: acampbell@spectrummtg.net
John M. Dearth: Phone: (317) 506-3346 Email: jdearth@spectrummtg.net
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