Dave White's (valoanhero) Blog

Hello Real Estate Community, Being on the lending side of the industry I try not to get involved in the Real Estate side. There are questions I do have and hopefully someone can educate me specifically about short sales. Recently a close friend of mine and ex husband went through the  short sale ...

Happy 4th of July. Two days ago I met with a new client that had done a tour in Afghanistan. His specific job was to make sure that his platoon wasn't in harms way of any exploding device. As he checked the safety of the next mission he discovered that there was only one bridge in the surrounding...

aloha, When I relocated to Hawaii from Chicago in 2006, i was surprised to find out how many veterans were not aware of their benefits. Even more surprising was the lack of knowledge about the Va Loan from the Mortgage professionals. I made it my personal mission to try to educate as many VA clie...

Aloha, There seems to be a little mis-understanding about what VA non allowable's are and who has to contribute to them. A non allowable  are certain costs that are associated with the loan and third paj. Anyone can pay for these fees accept for the VA Buyer. The fees in average run around $1500-...

Aloha, Just some VA basics that will be helpful to all in the industry 1. max Loan limit in Honolulu County is $1.5 million dollars. 2. max Loan Limit with zero money down is $783,750 ( High balance) 3. If a Va client is purchasing 1.5 mil they have to come in with the 25% of the difference betwe...

Aloha, I just got an excited call from a client that learned after 20 years they are eligible to buy a property using Va financing. The only problem is they already own a home that was bought using conventional lending. On the surface it would seem to be full speed ahead, but after investigation ...

Aloha, Many families looking to purchase a home using their VA would like to have husband and wife on title. Unless both parties have employment to qualify this would be known as an accommodation mortgagor. Lenders will not allow for this anymore so the non working spouse would have to be quit cl...

Aloha, Some of you might have tried to purchase a condo only to find out that there were not enough owner occupants. In other words there were numerous units owned by investors. In conventional lending as long as you have 20% owner occupancy is a non issue. If you do not have 20% down you are now...

Aloha, If you are planning to purchase using your VA Loan please be aware that you have to intend to owner occupy you dwelling. Here are some Common questions about this topic. 1. Q. You are about to deploy and you would like to purchase. A. Not a problem. As long as Hawaii will be your duty stat...

Aloha, It seems that everywhere we turn there is bound to be some-kind of scandal or unscrupulous behavior. One has to ask " what is wrongwith the world we live in?" If you are looking for a safe investment Real Estate would seem the place to go especially if you have access to a VA Loan. Firstly...