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Why do sellers prefer conventional over VA?

How can I make my FHA offer more appealing? Strengthen the offer Increasing the deposit, if possible, can often make the offer more attractive to the seller. Writing letters to sellers about how much you love their home can sometimes

What are the cons of a VA loan?

How often do VA loans get denied? Certain veterans are refused consent because of their military status, credit history, lack of income, or the terms of the loan they are seeking. Overall, about 15% of applications are rejected but

Is FHA or VA loan better?

Are VA loan appraisals tougher? The Department of Veterans Affairs is endorsing the house, so they want to make sure the house is in good condition before approving any type of mortgage loan. This makes most VA assessments more

Why do sellers hate VA loans?

What are the pros and cons of a VA loan? AdvantagesConsNo down payment requiredMust be eligible based on military serviceNo loan limitsMore stringent assessment requirementsNo income restrictionsStay longer between refinances than