The Biggest VA Loan Lies Agents and Lenders Tell
About this episode
David Pere discusses common misconceptions about VA loans that affect veterans and service members.
Real estate agents and lenders get the VA loan wrong constantly, and it's costing veterans and service members one of the most powerful financial tools they'll ever have access to. In this episode, I break down 11 of the most common lies I hear from agents and lenders who either don't understand the VA loan or don't want to learn it because it cuts into their commission. I'm a licensed agent, licensed lender, and VA loan expert, and I'm done watching people get talked out of the best mortgage in the world. Timestamps (00:00) - Intro (00:27) - Lie #1: You Can Only Use the VA Loan Once (01:57) - Lie #2: The Inspection Kills Deals (03:33) - Lie #3: VA Appraisals Always Come In Low (04:24) - Tidewater and Reconsideration of Value (07:06) - Lie #4: Sellers Won't Accept VA Offers (10:03) - Lie #5: VA Loans Take Longer to Close (11:51) - Lie #6: You Can't Buy from a House Flipper (12:51) - Lie #7: Closing Costs Block the Deal (14:12) - Lie #8: VA Buyers Are Risky or Less Qualified (15:09) - Lie #9: The Funding Fee Makes It a Bad Deal (16:33) - Lie #10: You Can't Buy an Investment Property (17:25) - Lie #11: VA Loans Are Complicated (17:42) - The Bottom Line on VA Loans About the Show On…
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