VA Loan Hacks for Veterans and Service Members | Mark Kong E17
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Welcome to Episode 17 of "The Real Estate Junkie" podcast. This week, we revisit a valuable segment with Mark Kong from Episode 4, focusing on VA loans. Mark, a West Point graduate, Army officer, house flipper, real estate agent, and now broker/owner of Evolution Mortgage, shares his deep knowledge about VA loans. Whether you're an active duty service member or a veteran, this episode is packed with essential information to help you navigate the VA loan process. Learn about credit score requirements, loan limits, eligibility, and much more.
Connect with Mark:
Instagram: http://www.instagram.com/markkong916
Email: mkong@evolutionmortgage.com
Website: https://evolutionmortgage.com/
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Connect with Keith:
Instagram: https://www.instagram.com/@iamkeithandrews
Tiktok: https://www.tiktok.com/@realestatejunkieco
Youtube Channel: https://www.youtube.com/@iamkeithandrews
Interested in the Colorado Springs Real Estate Market? Visit https://www.andrewshometeam.com to explore investment opportunities and connect with Keith's expert team at Andrews Home Team. Whether you're looking to start your real estate journey or expand your portfolio, we're here to guide you.
Chapters
1. VA Loan Hacks for Veterans and Service Members | Mark Kong E17 (00:00:00)
2. Introduction (00:01:21)
3. Misconceptions About VA Loans (00:02:47)
4. Eligibility and County Loan Limits (00:03:31)
5. VA Loan for Multi-Family Properties (00:06:26)
6. Joint Entitlement and Buying Multiple Homes (00:08:49)
7. Restoration of VA Loan Entitlement (00:12:55)
8. Loan Officer Errors and Restoration Issues (00:19:22)
9. PMI and Self-Sufficiency Test Issues with FHA Loans (00:25:08)
10. Credit Score and Debt-to-Income Ratio Overlays (00:27:36)
11. Assumable Loans and Overlays (00:29:12)
12. Evolution Mortgage Philosophy (00:36:43)
13. Closing Thoughts (00:37:09)
20 episodes