Veteran Real Estate Agents near El Paso County, CO2024-01-16T23:23:27+00:00

Veteran Real Estate Agents in El Paso County, CO

VA Mortgage Broker
More Info

Need a home that suits your BAH, and days off lifestyle? We’ve got it. Search homes now at MilPCS.com. Our Realtors are Veterans, military spouses, and Military Relocation Professionals — that’s why your move is always in good hands

More Info

Hello and welcome to MilPCS. We built this website and business around the belief that military members should own a piece of the country they serve. For this reason, we’re taking care of everything and ensuring they find a home that fits just right. We strive to ensure every one of our partners is skilled in the VA loan product and transaction. It makes the experience seamless, stress-free, and stellar for our veteran clients. No matter where you’re moving farm, beach, city, countryside, our network means that you’ll always have access to a local area expert who is a Veteran, Military Spouse, or military relocation pro. We are so grateful for our customers and even more grateful to be able to fill a need in their lives. Thank you for choosing us! Our founders believe service members should own a part of the country they serve and are passionate about helping the military find a home. Grant’s extensive experience in VA loans & lending, combined with Lauren’s accomplished real estate career, has created a one-of-its-kind home search portal. Giving back to the community who selflessly serve our country is essential to Grant and Lauren — that’s why Veterans and military spouses make up a large part of our dedicated Realtor network.

Military moves are unique. That’s why we’ve created MilPCS — a one-stop military home search portal. VA mortgage experts, specialized military Realtors, and custom site tools will help guide your search so that you can find a home that fits just right. The financial planning of a move can seem daunting. That’s why we have top VA mortgage experts dedicated to ensuring service members get the most out of their hard-earned benefits. So, if you’re looking for Veteran Real Estate Agents El Paso County, CO, let’s do the leg work for you.

Veteran Real Estate Agents Near El Paso County, CO Related Post

What Is MilPCS?

If you or one of your loved ones is in the military, you might wonder, “what is MilPCS?” Military PCS or PCS is the permanent change [...]

Marketing Your Home

Military personnel is often on the move. Whether it’s due to PCS or something else, you might be looking for ways to market your home so [...]

Buying A Condo With A VA Loan

Help for Military Families Looking for Homes

While buying a condo is different from purchasing a house, it is still possible to purchase a condo unit through a VA loan. But before we explore the process of buying a condo with a VA loan, what classifies as a condo according to the VA? The Department of Veterans Affairs states that condos are those which have “common interest communities.” This means that, unlike typical suburban houses where the buyer is solely responsible for their own yard maintenance or roof issues, a condo owner collaborates with other condominium association members to share costs and responsibilities for common areas.

Now that we know the difference between a house and a condominium, how do we get the VA loan? One of the many benefits of the VA loan is that you can purchase other types of eligible properties. However, it is worth noting that the key distinction when it comes to attaining a VA loan is that the Department of Veteran Affairs must approve the condo project itself before the loan can be issued. In other words, you must choose only units from a national list of VA-approved condo projects. Fortunately, we have the updated and approved list of properties that are eligible for a VA loan.

How To Get A Condo With A VA Loan

The requirements to qualify for a VA loan are as follows:

  • Active military
  • Veteran
  • An eligible family member of a military veteran

You may qualify for a Veterans Affairs loan if you fit one of these criteria. The great thing about availing of the VA loan is that sometimes lenders’ fees are either reduced or waived. This type of loan intends to ensure that service members, veterans, and their families get the help they need to acquire the home they need.

Fortunately, many private lenders, such as banks and mortgage companies, will help you get a condo with a VA loan. Veteran Affairs is the one who guarantees a portion of the purchase price, thereby mitigating the risk for the lender. This guarantee also allows you to receive more favorable terms, such as lower interest rates than conventional or non-mortgage insurance.

With this in mind, you will first need to apply for your valid certificate of eligibility (COE). The purpose of this is to ensure that you qualify as a borrower. You can work this through with your VA-approved lender. You must have acceptable credit and sufficient income to have your loan approved. However, you must ensure that this condo unit is intended as your primary residence since you cannot use the loan for purchasing an investment property.

Overall, the process of buying a condo with a VA loan is almost the same as purchasing a detached home. Both property types appreciate value, so your determining factor is really down to your needs. Speak to a VA condo expert to find out more information and help decide whether a condo is a right move for you.

Links Realted to Veteran Real Estate Agents in El Paso County, CO