2013 a Big Year for VA Loans in Orange County, CA
By Tim Storm, Orange County FHA and VA Home Loan Specialist
(Fairway Independent Mortgage Corporation)
2013 is shaping up to be a very big year for VA loans in Orange County, CA. Orange County, which is home to more Veterans than most counties in the country, has experienced increased use of VA financing during Orange Counties resurgent real estate market. Reasons for VA Financing Many Orange County Veterans are not even aware that they qualify for a VA loan. Many veterans think VA can only be used one time, or is for first time buyers in low price ranges. But that could not be further from the truth. VA can be used multiple times. And in Orange County, where homes sell for more than in most counties, VA allows $0 down financing up to a purchase price of $668,750. That is enough to buy a nice home. Jumbo VA Loans Not only will VA allow financing up to $668,750, but many lenders will actu...
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