你的VA贷款买家仍然可以以低估价成交

Federal law requires purchase contracts involving FHA or VA financing to include the language in Paragraph 4 of the 第三方融资增编. The buyer’s right to terminate due to a low appraisal cannot be waived by the parties. The seller should understand that a VA or FHA buyer could terminate the contract if the appraisal is lower than the sales price. The VA or FHA buyer does have the option to complete the transaction after receiving the low appraisal by bringing additional cash to closing. The seller could ask for a much larger option fee as compensation if the buyer backs out.

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There’s a lot of skepticism around Veterans Administration loans in the housing market. 买家, 卖家, and even some real estate agents may not have all the facts, 尤其是退伍军人事务部贷款的评估过程. 凯文·帕克, vice president of field mortgage at Navy Federal Credit Union, 解决常见误解.

Myth: The VA Inspection and Appraisal Process Takes Too Long

VA贷款需要VA认证的估价师. There may be fewer appraisers in your area who are qualified to appraise for VA loans, Parker says. The larger issue is that there’s an appraiser shortage industrywide. Fewer people are becoming appraisers, and the requirements to do so have become stricter. “Texas is one of those markets where the appraisal turnaround times are a lot slower overall—not just VA loans, 但是传统贷款, 太.” Many people want appraisals to buy or refinance a home, 而且没有足够的评估师来快速帮助他们.

误解:将会有更多的官僚主义

“I think sometimes the misconception comes from outside of real estate … that because the VA loan is a government product, somehow that’s going to equal more bureaucracy and make it more difficult to get.帕克说，在很多情况下, a VA loan has competitive pricing and a streamlined process thanks to digitized certificates of eligibility and appraisal documentation. Lenders can offer VA loans to borrowers with lower credit scores because the VA shares some of the loan risk.

Myth: VA Appraisals Come in Lower Than Conventional Appraisals

Parker says there’s no evidence to suggest properties appraised for VA loans are valued lower than properties appraised for conventional loans.

2010年颁布, the Dodd-Frank Act prohibits anyone from influencing appraisals and requires lenders to communicate with appraisers through an appraisal management company. “今天，贷款人都在一个公平的竞争环境中.”

神话:VA贷款有一堆额外的费用

VA loans don’t allow lenders to charge certain so-called junk fees such as processing fees, 据帕克说.

Myth: VA Interest Rates Are Not as Good as Conventional Loans

“很多时候, if you compare apples to apples—meaning the same origination fee or loan amount—the VA loan rate is better than a conventional loan rate by about a quarter to a half percent,帕克说. 较低的利率意味着较低的抵押贷款支付.

If your clients are still apprehensive about VA loans, put the loans to the test, Parker says. “We recommend buyers go out and get three different loan estimates from three different lenders.“这些贷款可以是传统贷款、VA贷款，也可以是两者的组合. 然后买家可以自己比较.