Yes, Thank You so much for what you do for all of us here back home. You will probably want to use your VA status, yes? You do want to go through a lender who knows the steps of doing VA loans and that will help guide you through the process, have all your entitlement papers in order and call up any good lender...I can suggest Gabe Libutti, McLean Mortgage email@example.com website for his application is at: http://www.mcleanmortgage.com/lo_glibutti.php
You will do all the "hard parts" with the lender, then when you are ready...call me up and let me help...I would be honored to help you find your new home.
Melissa Polce, NC & SC Broker
I know I'm a little late to this party, but I have some news I think you're going to like! I ran into this with a previous client of mine. Even if your husband bought the first home with a VA loan, it's still entirely possible for you to buy a second home with a VA loan, if you're planning to live there for the next two years. Contrary to popular belief, you don't have to close out one VA loan before taking out another. you just have to plan on the new home being your "primary residence" and you have to have enough eleigibility left. VA loan limits are generally $417,000, although they can be higher in some high-cost living areas. Take the amount you have left on your 1st home's loan ($200,000, for example), then subtract it from $417,000. That's the highest amount your VA loan will guarantee. You can buy a more expensive home, but you will need downpayment for the difference. There is one catch- the 2nd home has to cost more than $144,000. That's the minimum amount in order to tap into the VA's 2nd tier entitlement.
My advice, get yourself aligned with a good agent. Maybe someone with a military background. They will most likely know a good lender who can help you sort all this out. Check with HomesForHeroes.com to see if they have an agent in your area. The agent will credit 25% of their commission to your closing costs and will probably have a lender in their network that will offer you a discount on their origination fees, as well.
Best of luck!
Shawn Devoid (retired USAF)
Chartered Real Estate Consultant
Tierra Antigua Realty