Need Assistance? Call Us Mon-Fri: 8:00am-7:00pm Sat: 10:00am-3:00pm (949) 353-6267

What are the disadvantages of a VA Loan?

  • VA Loans made prior to March 1, 1988 can be assumed with no qualifying of the new buyer. If the buyer defaults the property the Veteran homeowner may be liable for the funds.
  • Some sellers are hesitant to work with someone obtaining a VA Loan because it takes longer than a conventional loan to process.
  • Sellers are often asked to pay a portion of closing costs and therefore less likely to negotiate the sales price of the home.

This site uses cookies to process your loan application and other features. You may elect not to accept cookies which will keep you from submitting an loan application. By your clicked consent/acceptance you acknowledge and allow the use of cookies. By clicking I Accept you acknowledge you have read and understand My Home Loan Advisor LLC's Privacy Policy.