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Our recommendation is to consult a loan agent relatiive to securing a VA loan even prior to beginning you property search. This will help you determine the price range for your search criteria and allow you to focus on property that is within your comfort range.
Bill is absolutely correct. Your first step is to contact a local, reputable lender. The loan officer will assist you with comparing different loan options as well as determining your price range.
There are funding fees associated with using a VA loan (the fee increases after your first use). The positives of a VA loan is that you can get 100% financing without being charged monthly Mortgage Insurance fees. Conventional loans typically do not have a funding fee, but require a down payment, and monthly mortgage insurance if you put down less than 20%. A good loan officer will compare the positives and negatives of VA, Conventional and FHA loans with your home-ownership goals to help you decide what is best for your current situation.
I also have a VA loan, but when doing the research and looking at amortization schedules, we figured out that if we live in the house more than 5 years, VA was the way for us to go. But, if we planned to live in our house less than 5 years, then Conventional was a better option for us.
If you would like a list of local lenders, send me an email I can forward a list of 6 lenders that I have previously worked with.