VA Mortgages

Financing Your Home From Start to Finish

First National Bank of Weatherford

My guests today are Diane Johnson with the First National Bank of Weatherford and Janis Spooner with the First National Bank of Weatherford Mortgage Company. Today’s topic is financing a home from start to finish and beyond. We will talk about interim financing, interest rates, credit scores and what it takes to qualify for a mortgage in today’s market.

VA Approved Builder

VA Seal

Jim was approached by a person that wanted him to build a house using a VA Mortgage. We had projected a closing date with the title company for the funding. when the title company found out the financing was to be VA they wanted to push out the date for several months. We were told it took months for a builder to be approved by the Department of Veteran Affairs. In less than ONE DAY Gibson Homebuilders/Jim was approved as a VA builder!! They faxed us the acceptance letter and followed it up in a few weeks with an official looking one. Jim credentials are excellent.

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