Realtor Mark
RealtorForum Replies Created
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I am beginning to have hope for the first time in many years. I watched aYouTubevideopodcastfrom John Stossel. John Stossel does not like Donald Trump or Kamala Harris. However, John Stossel said it best that he would vote for Donald Trump because he accomplished many things. What has Kamala Harris done? Lie. What did Tim Waltz do? Lie. What did Joe Biden do? Lie and steal and commit crimes against humanity and TREASON. How can politicians making $250,000 a year become multi-millionaires? That’s not serving our country.
Something has to give, and we need reform. We need to get our great country back
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Requirements for VA loan application and Certificate of Eligibility (COE) receipt
What is a VA loan?
What Qualification is Required for a VA Loan?:
- A VA mortgage loan is a type of loan assistance made possible by the Department of Veterans Affairs to benefit qualified individuals, armed forces veterans, active members of the armed services, and some qualified national guards and reservists.
- Some enticing benefits of this type of loan against the property are the complete absence of a down payment and loans for 100% financing with no private mortgage insurance provisions.
- VA loans have the cheapest interest rates than other mortgage loan programs.
VA Loan Eligibility? Service Requirements:
- Generally, the requirement for obtaining a VA loan is service in the United States military force.
- The number of years of service required, at a minimum.
- Depends on service time and orientation.
- This is whether the service member is on active duty, a veteran, or remains a member of the Reserves and National Guard.
- This is summarized below:
Veterans: Most should have been active for at least 90 continuous days during wartime—or 181 days during peacetime.
Active Duty: This refers to any service in the armed forces that is at least ninety (90) days of continuous service and above.
National Guard/Reserves:
- An individual must serve at least six years.
- But it may be released owing to a call for active duty.
- In this case, the same active duty requirement is applied.
Discharged service member: One of the basic guidelines of qualification for such individuals would have served but would not have been dishonorably discharged from the service.
How do you get cry waivers of the VA COE? What is COE?:
- In full, it is a Certificate of Eligibility.
- A Certificate of Eligibility or COE is a guarantee to your lender that all the requirements for approving the VA loan by the borrower.
Where can one find the COE document:
Online Through benefits:
- One of the conveniences of the eBenefits account is that one can apply for their COE online.
Through Your Lender:
- Most lenders can obtain your COE quite quickly through an online source.
- This is usually the easiest and fastest way.
By Mail:
- The individual can fill out VA Form DD 26-1880, requesting the Certificate of Eligibility.
- Could you forward it to the VA?
Documents accepted:
For veterans:
- DD Form 214 (Certificate of Release or Discharge from Active Duty).
For Active Duty Service Members:
- A Statement of Service.
- This may be an unsworn statement signed by a commander, adjutant, or personnel officer.
For National Guard/Reserves:
- All Reserve members not on active duty must accompany the NGB 22 (Separation Report and Record of Service) or NGB 23 (Accounting of Retirement Points).
Process of Application for VA Loan
- Step 1: Establish your eligibility: Correct. Before a VA loan is considered, check to see that you are service-eligible and hold a COE.
- Step 2: Select a Lender: To simplify the process, it is important to work with a lender specializing in VA loans.
- Step 3: Get Preapproved: A provisionary loan is taken, and a loan limit is sought and secured.
- Step 4: Begin Your Home Search: Working with a knowledgeable, conscientious realtor who understands VA loan specifics while undertaking the home search is wise.
- Step 5: Apply for the Loan: After obtaining the property you want, you should apply for a loan with the mortgage lender.
- Step 6: Obtain VA Appraisal: A VA appraisal will be conducted to meet the minimum property requirements.
- Step 7: Underwriting Process: The lender’s staff will check all the paperwork submitted before the loan is advanced.
- Step 8: Closing Process: Once a loan has been approved, all the documents are executed, and the loan has also been approved.
Common Questions Relating to VA Loan Application and the Certificate of Eligibility (COE) Requirement
- What does the VA Certificate of Eligibility COE mean?
- COE is a copy that guarantees the person can take out a mortgage from the VA.
- It acts as a security towards the request for the VA-backed loan.
How do I go about obtaining a VA Certificate of Eligibility COE?
- Currently, the VA Certificate of Eligibility code can be obtained from the VA’s eBenefits system, from the lender, or by sending VA Form 26-1880 through the mail as an application.
What procedures must then be performed in services to meet the VA loan requirements?
- Such service obligations are attached to an ex-military background.
- Thus, it is possible to extend such policies regarding service requirements, such as duration of service, to other categories, such as Military Veterans, Active Duty Service Members, and National Guard/Reserve members.
There is no further provision once it is said that VA loans are only for active-duty personnel. Is it plausible to get such loans as an active service member?
- This obligation is fulfilled for active duty members unless the individual has not been on continuous active military service for 90 days.
Are VA Loans available for those who have served in the National Guards and Reservists?
- For National Guard and Reserve members, there is a stipulation of either.
- In the more normal sense, 90 days of active duty or six years of service and such veterans are enough to qualify for a VA loan position.
What documents should I provide to have an eligibility certificate?
- In most cases, DD-214 is required of Veterans.
- A Statement of Service is a must for active duty members.
- National Guard/Reserve Conferment members usually receive NBG Form 22 or NBG Form 23.
Can I obtain a VA home mortgage vet loan even if my records show a discharge?
- Yes, except for individuals with dishonorable discharge, then such individuals can qualify for VA loans.
What can I do to Substitute a Lost DD-214 or other specific documents?
- You can obtain a DD-214 from the National Archives or use the VA’s eBenefits portal to acquire the necessary documents.
When should we expect the certificate of eligibility to be issued?
- In most instances, if you are applying online or seeking it from your lender, you will have it quite easily. When scheduled for receiving by post, a few weeks will be waited upon.
Having COE guarantees the person’s loan approval. Is this true?
- No, even though the COE qualifies you for the loan, a lender must fulfill more requirements before granting the loan.
Therefore, it is concluded that when one understands the possible requirements and has some form of plan and vision for pursuing and getting a VA Loan guaranteed with such COE, purchasing a house becomes a walk in the park.
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Attached is a video compilation of corrupt cops abusing their police powers and losing their qualified immunity. Most cops on the video got fired and lost their law enforcement certifications.
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What were the main reasons for thousands of protestors overwhelming Chicago Police on the first day of the Democratic National Convention? Were they protesting Kamala Harris and the Democrats? Were they protesting Joe Biden? What was the reason?
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The 2024 Democratic National Convention (DNC) in Chicago began today, Monday, August 19th. The convention’s opening has been marked by significant protests, with pro-Palestinian demonstrators being particularly prominent among them. These protesters are chiefly motivated by their fury at the Biden administration’s support for Israel in its current campaign against Gaza.
Important Information:
Demonstrations: Thousands of peaceful protestors took to the streets on the first day of this year’s DNC. The scale and intensity of these protests reflect an increasing opposition to U.S. foreign policy toward the Middle East. The protest was mainly concerning Palestine.
Security Breaches: However, there have been moments when things heated up more than what can be considered calm demonstrations. For example, some protesters managed to breach through fences around the United Center – where the convention is held – leading to standoffs with police officers representing the Chicago Police Department responsible for securing said area during this event.
Police Response: It seems that, at times, Police struggled to deal with such numbers as they reportedly arrested a minimum of twelve individuals involved in breaching security lines near United Center. Chicago Police were overwhelmed by the mass number of protestors. Chicago Police were overwhelmed by sheer size alone. But also suggest that several people have been hurt.
This event underscores deep divisions within the Democratic Party itself and society more broadly over appropriate American foreign policies and international conflicts. Protests had to do with conflicts between Israelis, Arabs, Iranians, and Americans. So please let me know if you require additional updates or anything specific!
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Bad police officer gets arrested after the police officer commits aggravated excessive force.
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Just because you are a Police Officer does not put you above the law. California police officer Scott Romo visits Arizona and acts like a total jackass and causes havoc at a bar and expects police professional courtesy. Arizona police officers locked him up and threw him in jail. Scott Romo was charged for assault and disorderly conduct. Rockland California Police ended up firing Scott Romo.
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Homebuyers eligible for USDA Loans with judgment needs to either have the judgment paid off prior to or at closing or need a written payment agreement with the judgment creditor. You need to make a written payment agreement with the judgment creditor and make three timely payments. You cannot advance pay the three payments ahead of time. Three months need to be seasoned.
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In 2015, Jeremy DeWitte has a confrontation with Orange County Corporal John Ramsey