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David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

I haven’t had any problems. We wouldn’t survive here without VA loans.

Apr 01, 2016 07:24 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

So far I have not closed a VA with TRID.  Good to see others not having issues with it.  

Apr 01, 2016 03:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Last two VA loans I did were done under TRID in 30 days... no muss, no fuss. I've never had a seller say no to a VA loan.

Apr 01, 2016 09:11 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Fred. We close an average of one per week in my office, time wise it takes not longer to do this loan than any other.

TRID has added a week or two to the normal process.

Apr 01, 2016 06:10 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The vast majority of sellers in my area are fine with VA loans and some of my lenders can close these now in 3 weeks.

Apr 01, 2016 02:09 PM
Debbie Laity
CinaJones Real Estate - Cedaredge, CO
Your Real Estate Resource for Delta County

I have done a VA loan since TRID. They aren't very common in my area. 

Apr 01, 2016 10:23 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

This is bad to say, but to many agent are not for VA deals in our area, and that is wrong.  They feel that it is a harder deal to get to the closing table, wrong!!!!

Apr 01, 2016 10:16 AM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I had one right after TRID started.  No issues here.  VA loans tend to get the "No" from sellers because there can be closing cost issues that they want the seller to credit them.

Apr 01, 2016 08:03 AM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

VA Loans are just fine -- not having control over the appraisal is a very minor obstacle in most cases, everything else is pretty smooth sailing.  The VA program is a great one, just have to make sure the lender knows what the heck they're doing.

Apr 01, 2016 07:55 AM
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

It always depends on the condition of the house. If it's in good shape, there will little, if any real issues....

If it's a "fixer upper," with an emphasis on fixer, it's not going to be a good fit, since the seller will be required to spend perhaps thousands out of pocket to cure issues that are beyond the minimum housing requirements for VA.

Credit qualifying the borrower is by far easier with VA than any other loan products out there, so you have less of a probability of loan failure by choosing the VA offer--I doubt many listing agents consider that when mulling offers.

If a listing agent refuses VA, it is probably because the house sucks, or they think the seller will have to pay some of the closing costs--which isn't close to true. A little research will dispel that myth in a few minutes.

Vets have gone above and beyond to protect what many of us take for granted. Any agent that blacklists the benefit they have earned as a general rule really should be ashamed of themselves...

Apr 01, 2016 03:07 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I noticed no changes really.  I mean other than the 3 days between final documents and closing, but we still closed in 35 days.

Apr 01, 2016 02:45 AM
JoAnn Moore
The Mortgage Market of Delaware - Georgetown, DE
Home Loans in Delaware

VA home loans are the best loans available. We close VA loans quite regularly and haven't seen any problems you mention.  

Apr 01, 2016 02:28 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have had 3-4 buyers with VA loans, and with Navy Federal, no difference in close dates.   YES, definitely having issues with sellers taking VA financed offers.   Have not had any conditions on the appraisal either, thankfully.

Apr 03, 2016 03:31 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Fred -- in my career, I have represented only one buyer with a VA sale and it was a couple of years ago.  There were issues with the transaction and it had to do with an incompetent lender.    Thankfully, the other parties involved were respectful.   

Yes, I have encountered sellers who are not interested in a VA loan and this has occurred because of the multiple offers and better terms of the competing offers.  

Apr 02, 2016 01:50 AM
Roy Kelley
Retired - Gaithersburg, MD

VA financing is very common in our market.

Apr 01, 2016 10:59 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have not done a VA in 8-9 years.  

Apr 01, 2016 10:59 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I've had one fall apart recently for inspection issues.

Apr 01, 2016 07:32 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Sellers remember the news from the old days. Last one I was on the listing side & had no problems with anything. 

Apr 01, 2016 05:05 AM
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

I haven't done a VA loan in a very long time, but always interested in being informed for any future homebuyers that qualify.

Apr 01, 2016 03:47 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

In my area, conventional high down or cash. Many hot homes selling do not meet fha or va requirements. For example 99% home sellers will not pay for termite repair.  Trid is prompting sellers to prefer cash.....


Apr 01, 2016 03:25 AM
Toronto, ON

VA loans are not available in our great land.

Apr 01, 2016 03:10 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I closed a VA loan on February 27th but I had the seller side.

Apr 01, 2016 02:32 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Whenever possible I try to avoid all the government handouts, there are always strings attached.

Apr 01, 2016 07:38 AM