Agents like Vahe Hayrapetian Guiding You on Seeking VA Home Loans

Many members of the armed forces are often thinking about life after service, regardless of how long they’ve served. Along the way, they may have been counseled on investing their hard-earned pay in various liquid or tangible assets such as real estate. As the property market steadily picks up after a bad run, the window can be closing on landing a premium property at exceptional values, putting seasoned loan originators like Vahe Hayrapetian in a good position to help you with securing a Veterans Affairs (VA) loan.


The main element of eligibility is that the applicant must be in the active force for at least six months. Reservists and National Guard personnel normally need six years to make the cut, but that can be shortened to 181 days if they’re called to active duty. Applications from spouses of active-duty personnel who died on active duty or are suffering from service-related disabilities will also be entertained.
Veterans of previous conflicts also fall under this rule, for World War II (serving between September 16, 1940 to July 25, 1947), Korean War (June 27,1950 to January 31, 1955), Vietnam War (August 5, 1964 to May 7, 1975), and the Gulf War (August 2, 1990 to date TBD). For the Gulf War, eligible servicemen must have served up to 24 straight months on active duty or at least 90 days on active duty and were discharged under 10 USC 1173, specifically the hardship and early out provisions.

On Target

Pre-approval can be a vital key in finding a lender who can find you a suitable VA loan. Acquire a credit report and other important financial documents such as your wage data. If you have a spouse or domestic partner who’s also employed, their wage data and credit report will be factored in, as well.
Depending on the proposed loan amount, your agent will determine whether your income can cover the mortgage payments and other basic living expenses. Have details ready on a number of prospective listings. If you pass pre-approval, your agent can guide you towards notable VA lenders who can process your application.
Every person dedicated in the service of his or her country should have a fair chance at buying a home for them and their loved ones. Financial experts like Vahe Hayrapetian will not leave you high and dry in that pursuit.


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