thanks to veterans United I have become a home owner for the first TIME . the expertise and professionalism is unmatched. thanks be to all the PEOPLE involved.
@mufcmike74 жыл бұрын
Thank you so much for making this video, you covered so many points and answered questions I didn’t know I had.
@JewellMichaelRealty4 жыл бұрын
Thank you for watching.
@roserichards55324 жыл бұрын
You beat me to it. Thank you Jewell!
@Shailas.Darkleigh4 жыл бұрын
Hi, Jewell, thank you for sharing your experience, very helpful.
@MakeWay4CJ4 жыл бұрын
OMG! This video is sooo informative! I'm surprised that I have so many questions, but as I listened, these were what came to mind..... 1) Did you have to meet in person to sign the loan documents or did you sign them electronically (my Dad is disabled Vietnam vet so I'd like to prepare him if we have to do this more than once)? 2) We really want to make sure that we get a good inspector. Do you remember how you found your inspector? 3) Did it take long for the VA to appraise your house? 4) Did Veteran's United require that you had to have a certain amount of money in the bank AFTER you closed (residual income)? 5) When they sold your mortgage to another lender, did any of the terms of the loan change in any way? And lastly.... 6) What in the world are you doing to your skin? It looks GREAT! Whatcha doing? Going to sleep in a bed of shea butter? Drinking gallons of water? Did you find the perfect Fenty foundation match (Rihanna really did hook us up!) or something? I mean what.did.you.do? Melanin minds want to know! LOL! Ok so I think that's it! I'm not sure if you can answer all of these questions but I thank you so much for uploading this video! It definitely helped! Be well sis!
@JewellMichaelRealty4 жыл бұрын
Good morning! Thanks for watching. Everything was done over the internet. You do not have to meet in person to do anything throughout the whole process. Print, sign, scan and email any documents that need to be signed. We had an inspector recommended to us by a friend of ours who has his own construction company. Our inspector was very thorough. He took his time on both houses we had him inspect. It took my minimum 3 hours to inspect. The bigger the house, the more time it takes. There is no hourly rate. It's a flat rate. Check references and reviews for whoever you are going to hire. VU set up the appointment for an appraiser to come out. We did not have to be at the new house for them to do it. The time it takes for the appraiser to come out depends on who they use and how busy the company is at that time. Keep in mind that the spring is when many people begin to put their homes on the market since their children will be out of school for the summer and people tend to move away at that time because they do not have to pull their children out of school in the middle of the semester. That being said, many houses come on the market and appraisers are busy. For us, from the appointment set up day to the end of inspection and them writing the report for Veterans United was probably 7 days. There was no set amount of money you need to have in your account by the end of closing. They just want to make sure you aren't going to be flat broke when you close. I made sure to let them know that what we had in our account at the beginning of the process would be different because it was around tax time and we owed, but also would be getting a good amount back. My skin? I use Ambi soap and Walmart brand (Equate) eczema lotion (though I don't have the condition. It just moisturizes well). Thank you. I hope this helps.
@flyyandfit5 жыл бұрын
Thanks for sharing your experience. I just closed on a house with Veterans United myself. I had been doing a lot of research before I went to them so I was able to close in just under three weeks. I had a pleasant experience 🙂
@JewellMichaelRealty5 жыл бұрын
Congratulations on your new home. With closing so quickly, I guess you found a home fast and it had no issues like the first two homes we looked at...
@flyyandfit5 жыл бұрын
@@JewellMichaelRealty yes I had been looking around, I had some very specific things I was looking for, and have been going to open houses for a few months before I actually wanted to buy. So I do think that helped with me getting my finance closed so quickly.
@JewellMichaelRealty5 жыл бұрын
@@flyyandfit was it a new-build home?
@flyyandfit5 жыл бұрын
No, it was a resale property. The home was built in 2003. I'm scheduled to pick up my keys today ☺
@JewellMichaelRealty5 жыл бұрын
@@flyyandfit yay! We are about to do a project on ours. We're going to paint the kitchen cabinets white. I'm so excited 😁
@ricksiddiqui83543 жыл бұрын
To anyone who is a Veteran who is considering a home loan using your VA benefits, TALK TO A REALTOR that's well versed on VA loans. A LOCAL lender will keep you in the loop without bouncing you all over the place. I'm in the Metro Denver Colorado area, I'll be happy to help. I'm a Veteran, and MRP and a Realtor.
@TheStscrew2 жыл бұрын
Hey Rick I am in Denver CO now searching for a home soon...can you send me your contact.
@ricksiddiqui83542 жыл бұрын
@@TheStscrew absolutely!! 720.460.0830. I'm looking forward to hearing from you and serving you in your search for your home.
@SAMANTHAREVELS382 жыл бұрын
Very informative!!! My husband and I are in the process of using VU. Waiting for the clear to close. The whole process was explained here. Good job!
@JewellMichaelRealty2 жыл бұрын
Thank you. Im glad this was information. Congratulations on closing soon.
@Packmama19694 жыл бұрын
Go Navy! 90% Service connected HM2. Thanks for the info!
@JewellMichaelRealty4 жыл бұрын
😮 thank you for your service, sister! ⚓🚑
@Packmama19694 жыл бұрын
@@JewellMichaelRealty You as well!!
@cecymercedes13 жыл бұрын
Thank you in the process now and this was truly helpful!
@JewellMichaelRealty3 жыл бұрын
I am grateful to you for watching and I hope everything goes well for you on this journey. We are strongly considering refinancing within the next few months.
@LSturdy4 жыл бұрын
Good Job Shipmate !
@sebastianliu20093 жыл бұрын
GREAT INFORMATION!!! THANK YOU!!! and GOOOO NAVY =) - Former ABH3
@hdhamlin2 жыл бұрын
Thank you for posting the video. I wrote down the advice and points that you listed.
@JewellMichaelRealty2 жыл бұрын
Thank you for watching. I truly hope this helps. 😃
@archiebarnes-bey51133 жыл бұрын
Good Experience with VETERAN UNITED
@gimadeptownpaid824 жыл бұрын
Thanks for the very informative video. You covered it all!✅
@sargentking24362 жыл бұрын
Nice informative video. Thanks
@JewellMichaelRealty2 жыл бұрын
Thanks 😊
@itzjuliescuhz4 жыл бұрын
Thank you for making this video, it was very helpful
@TerrickHarden4 жыл бұрын
Thank you for making this video. It is very helpful and informative. And (side note)I love your hair.
@JewellMichaelRealty4 жыл бұрын
Thank you so much
@rjackson2569 Жыл бұрын
Well done. Thank you.
@scramcarolina2 жыл бұрын
Thank You So Much!!! God Bless You and Your Family!!
@JewellMichaelRealty2 жыл бұрын
Thank you. I'm glad this helped you. Thanks for watching.
@Ransah793 жыл бұрын
Hi Jewell, Thanks so much for this video. It's very informative and breaks everything down. I think I now have a clearer picture of the moves to make. Also thanks for your service but Go Army beat Navy! :). Thanks again for this great video Jewell.
@Ant2fit Жыл бұрын
Thank you so much for this video. I’m really stressing about starting this process.
@JewellMichaelRealty Жыл бұрын
I understand. But they are really good and they will let you know what documents they need from you and when. They work hard so you don't have to stress. I wish you will in this process. Thank you for watching and thanks for the feedback. ♥
@mr2swole141 Жыл бұрын
I'm using Veterans United they are pretty good !
@JewellMichaelRealty Жыл бұрын
What I appreciate is how everyone on a certain team is always on the same page. I hope you finish well.
@24creditcorrect2 жыл бұрын
That is a great advisor
@AprilSpring2224 жыл бұрын
Great video
@iserved16423 жыл бұрын
I went through VU, FICO 737, received pre-qual letter, after four months of searching and getting many offers turned down finally got a seller to accept an offer on a beautiful house and pay CC. Me, the agent and seller signed a contract. I had the inspection and appraisal dates set up. VU processed the contract and then it was denied by a VA underwriter because of my debt-income ratio! Why do they issue a pre-qual letter if you really are not qualified? I felt bad having to terminate out of the contract with the seller and agent causing them to have to pay extra mortgage/interest on their home because of my false pre-qualification. Really horrible experience.
@JewellMichaelRealty3 жыл бұрын
Wow! I am so sorry to hear that. I would think they would have gotten all the info from you before you even found a house. I think pre-qualified means that you seem to be qualified until you all go thru the process and all the paperwork work is received from you and they review it. I know that they warn not to get into any new debt during the process until after you close on a house. I guess people tend to get too excited and start using their credit cards and buying cars before they close on a house. Then what happens is VU reviews credit scores, income and debt during the process and they see all the new debt that's been acquired (that wasn't there in the beginning of the process.) I'm not saying this happened to you, but it is the reason why some veterans are denied after being pre-qualified.
@koolbreeze1013 ай бұрын
I'm watching your video 4 years later. There's lots of good info. One question? Do I pick a realtor before I contact Veterans United?
@JewellMichaelRealty3 ай бұрын
We had an agent before applying. So I'd say do your research and choose an agent who has experience working with veterans.
@koolbreeze1013 ай бұрын
@@JewellMichaelRealty Thanks! I really appreciate your reply 💯
@JewellMichaelRealty3 ай бұрын
Thank you for watching my video.
@24creditcorrect2 жыл бұрын
Doesn’t matter if you a veteran or not Judy can help…😊
@catcall5693 жыл бұрын
Thank you fellow Veteran for your service.
@JewellMichaelRealty3 жыл бұрын
You as well, brother.
@armyretguy73654 жыл бұрын
I really tried to watch this, but the echo chamber was causing me physical pain.... probably due to ear and TBI problems. Hopefully you’ll get a microphone at some point, because you seem like a VERY likable person I would like to hear speak on the topic :/
@JewellMichaelRealty4 жыл бұрын
Yes. Since it was a new house at the time, so there wasn't much in that space to absorb the sound.
@armyretguy73654 жыл бұрын
Jewell Michael I kind of figured lol
@Splenda20213 жыл бұрын
Thx
@peoplepodcast91945 жыл бұрын
Just want to make sure I understood correctly.... if I receive VA disability and have my VA rating letter I don’t have to pay loan origination fee?
@JewellMichaelRealty5 жыл бұрын
That's correct! Just send them the letter thru email or they can get it themselves really quick.
@JewellMichaelRealty5 жыл бұрын
What you'll give them is a COE or Certificate of Eligibility
@peoplepodcast91945 жыл бұрын
I’m confused with origination fee and VA funding fee.... so does that mean I don’t pay both?? Because of my disability rating?????
@JewellMichaelRealty5 жыл бұрын
@@peoplepodcast9194 with Veterans United you don't have to pay a VA funding fee (called origination fee if you're getting a convential mortgage ie other than a VA loan). If you go with a lender other than Veterans United the lender is allowed to charge 1% of the loan value that's due before the lender starts the loan application. If you go with Veterans United and have a disability, the funding fee/origination fee is waived. You should never have to pay both as they are pretty much the same thing. A Veteran without a COE should not pay both because that's just like getting charged twice for the same thing.
@jamesmcintyre84214 жыл бұрын
@@peoplepodcast9194 ,I'm not sure if it is an Illinois only thing but a service disability here can get you a reduction on your property taxes. I have a friend who has 75% disability from his service and he pays $0 in property taxes.
@jameslaiola49763 жыл бұрын
Thank you for this information. Im trying to purchase land. I hope they can help me with this loan
@JewellMichaelRealty3 жыл бұрын
Please let me know how it goes.
@24creditcorrect2 жыл бұрын
Getting a secured loan that you may not need to pay back is 100% possible. I used the help of Judy
@chrisr36714 жыл бұрын
How much cash would you say a buyer would need on hand after everything is said and done? I know there’s no down payment but I have been saving money like crazy so I have the funds available. Just wondering.
@JewellMichaelRealty4 жыл бұрын
I'm not sure of the exact amount but Veterans United is required of see your bank statement. They want to make sure you will not be flat broke after you get the house. Perhaps this gives them assurance that you are financially responsible and are able to make payments to them. With us, we applied and got approved the first week of January so we let our team know we had to pay taxes, and also that we had a tax return coming into our account. This was to let them know that our account would show differently than it initially did when we applied. Once we got the house, it was almost 2 months before our first payment was due. That will also help you to recoup some of the money you spent on movers, uhaul truck, inspection, etc (these will also be part of your housing allowance come tax time next year). I would say a good starting point would be to have at least 5G in your account and let them know that with your tax return, you'll have more money coming in.
@AjSpeed3153 жыл бұрын
Nice video no need for two commercials back to back if you’re trying to help vets.. thank you
@JewellMichaelRealty3 жыл бұрын
I don't know what you are talking about. I have no control over what ads, or lack there of, will be shown during my content. Also I do not see the correlation of your comment on commercials and "helping veterans."
@wilmervalles15092 ай бұрын
That's NOT True, Origination Fees with Veteran's United was estimated for me at $980, I have a VA Disability and was using the VA Home Loan.
@JewellMichaelRealty2 ай бұрын
If you read the title, it says, "My" experience a d obviously with anything, everyone's experience may differ slightly. Thanks for watching.
@amberjohnson80264 жыл бұрын
Would you recommend looking for homes before getting pre-approved?
@JewellMichaelRealty4 жыл бұрын
It wouldn't hurt to start looking at areas where you would like to live, and checking property taxes, crime rates, and schools ratings. You also have to consider the HOA fees. Since you won't know how much you will be pre-approved for, perhaps look at homes between $170,000 and $250,000.
@amberjohnson80264 жыл бұрын
Jewell Michael thank you for your quick reply, and for your video! We are unsure which lender to go through...and I’m between navy federal, usaa, and veterans United. So this was super informative! Thanks again
@teter1294 жыл бұрын
Great review. One question, once you found the house your in now, from there on how long was the process for you? I know earlier you said the entire process was 3 months, but you were also loooking and inspecting multiple house that ended up falling out for either inspections or the family watchdog search. So I'm curious once you found the actual home your in, how long was the process from there? - Thanks in advance.
@JewellMichaelRealty4 жыл бұрын
One month. That's why I was saying if you find a home fast and everything goes well with no issues, it can take as short as one month.
@24creditcorrect2 жыл бұрын
I just got a non refundable loan via Judy…
@brendalee2744 жыл бұрын
I'm confused, I thought with a Va loan, u dont pay closing cost or down payment.
@JewellMichaelRealty4 жыл бұрын
Closing costs is something your real estate agent negotiates with the sellers real estate agent. You may have to pay it, you may not. But Veterans United cannot make a seller pay full or partial closing costs. They have nothing to do with any negotiations regarding what the Veteran pays for the house neither do VU have any say so regarding closing costs. Negotiating is the responsibility of the buyer (veteran and his real estate agent).
@jasontr2011 Жыл бұрын
Hey there's a helicopter that is flying over your house.
@bdon29914 жыл бұрын
Hi , I’m a single 25 yro guy looking to purchase a condo for about $150K , any advice for going thru Veterans United and overall how much would you think I should have on the side to finish out everything, From start to finish?
@JewellMichaelRealty4 жыл бұрын
VU wants to make sure the borrower will not be broke after closing costs and inspection. If you have a decent amount of money in your account (they will ask for statements), and a steady income, no crazy debt or anything in collections, I don't see you being passed over for a loan.
@bdon29914 жыл бұрын
Jewell Michael Ok thank you , I just have my car loan for like $3000 left , that’s all ... I sent them all my docs , so fingers crossed . thank you for your video.
@JewellMichaelRealty4 жыл бұрын
@@bdon2991 I hope you hear back as soon as possible with this virus going around. I'm hoping for the best for you, man. Keep me updated.
@bdon29914 жыл бұрын
Jewell Michael will do thanks.
@morejoylesssleep44434 жыл бұрын
Our live site also will show you over 600+ other veterans and active duty members like Jewell! :- ) www.veteransunited.com/lo/ben-long/
@dannyd3604 жыл бұрын
Do you have to put any money down with Veterans United Home Loans? I'm assuming not, but I just want to make sure.
@JewellMichaelRealty4 жыл бұрын
No money down. That's one of the beauties of doing business with them.
@jamikaparks468 Жыл бұрын
They're telling me $7,500 here in SC. I'm 100% disabled vet.
@JohnDBarcaFan5 жыл бұрын
What rate did you get with them ? I'm considering between them and Navy credit Union
@JewellMichaelRealty5 жыл бұрын
I would use them again on our next house in 10 years. I went with them because their business is VA home loans and that's it. Since that's their mission, they are experts and have no other priorities except to get Veterans a home loan. USAA, for example, isn't as well versed because they are a bank and insurance company first, thus, that's where their expertise lies.
@mrstanton6015 жыл бұрын
How many times do they run your credit? I finally got a clear to close on Friday. Do they check again before closing day?
@JewellMichaelRealty5 жыл бұрын
They do not check it once you get the clear to close. Since you are in the "clear to close" step, that means they didn't find anything in your credit history to prevent you from closing.
@mrstanton6015 жыл бұрын
Thanks so much
@brendalee2744 жыл бұрын
Can we get a tour?
@JewellMichaelRealty4 жыл бұрын
I'm afraid not. We don't show too much over the internet.
@benjaminortiz3873 жыл бұрын
The echo seems like you’re yelling and I couldn’t understand what you have said
@JewellMichaelRealty3 жыл бұрын
Being that it was a new house, it was empty room and there was nothing at could do to fix that. But if you have any questions, feel free to look at all the other comments, questions, and answered that have been asked and answered. Perhaps you have the same questions as many others that I have answered.
@brendalee2744 жыл бұрын
How much were ur home and the mortgage payments?
@JewellMichaelRealty4 жыл бұрын
Sorry for the late reply. A little over $800, not going including home owners insurance.
@carlospadron488 Жыл бұрын
@@JewellMichaelRealty wow that’s a great payment 👍
@Validyk3 жыл бұрын
Is the VA origination fee separate from closing cost?
@JewellMichaelRealty3 жыл бұрын
Yes, the origination fee is what you will pay the lender for starting the loan process. Veterans have the privilege of not having to pay that. Closing costs is the money it takes to close the loan and some of that money is for the title/deed, lawyers, etc. You can negotiate the closing costs with the seller. Like, they can pay half of it if there are any things that need to be fixed on the house that will come out of your pocket as the new owner, or if you pay the full asking price of the house, have them pay closing costs, etc. You can bargain with the seller on the closing costs. If they are fair sellers, you shouldn't pay all of the closing costs, especially if they want that house to sell.
@Validyk3 жыл бұрын
@@JewellMichaelRealty thank you so much for your video it really helped! He’s the veteran and I have the income for right now because he’s been out of a job it we don’t want to rent anymore. I’m just excited to get a house! Thank you for making this video and helping us!!
@JewellMichaelRealty3 жыл бұрын
@@Validyk you are welcome. I hope everything works out for you both. We were renting before we closed on a house and the rent was $300 more a month than the mortgage we have now. I am glad this video helped you. ❤️
@Validyk3 жыл бұрын
@@JewellMichaelRealty I have a question for ya! So my fiancé and I are getting married this week. I have been the one working and supporting us and he’s the actual veteran. He was only going to take a year off woek but due to the pandemic in 2020 he couldn’t find anything. And they told me today that he needs a stable job which is has been waiting for orientation, he’s been doing side jobs here and there. But I didn’t know that for a va loan it requires both spouses to work. A lot of ppls I know have one working spouse. I’m so flustered because I was thinking wencould buy a house soon but now I’m being told we definitely can’t for at least a year. I have great credit and make a decent salary and even have a paid off house that my mom lives in. But I also live in Los Angeles :( house prices are insane
@JewellMichaelRealty3 жыл бұрын
@@Validyk well, I am the veteran and my husband is not. He works and I'm a stay at home mom. When we applied for the loan, he was at his current place of employment for 9 months. We were renting and started looking for a house three months prior to our lease expiration date. By the time we closed my husband was at his place of employment for 1 year. They required him to have a letter from his employer with his start date, yearly salary, and pretty much a statement saying he would be there permanently. Veterans United also called his employer and verified his salary over the phone. Veterans United required my husband's employer to send them paperwork with his weekly payments. There is a technical term for it but I cannot remember what it's called. VU also wanted proof from our credit union weekly deposits from my husband's employer. So what I'm saying is, it's not necessary that both spouses work, but rather they want to ensure that there is steady income coming in to repay the loan.
@zoemarano95903 жыл бұрын
Hi Jewel, is there a chance that I can contact you through email, I have a tons of question and email is easy for me to follow, if it’s ok. Widow of a DAV (Navy)
@JewellMichaelRealty3 жыл бұрын
Send a message thru Facebook messenger. Look me up under Jewell Michael. You'll know it's me; profile picture is an interracial couple.
@randylancaster79612 жыл бұрын
DO NOT GO WITHT VETERANS UNITED. GO TO PREFFERED RATE. NO FEES V A LOANS. JEN CAN SAVE YOU MONEY.... TELL HER RANDY L SENT YPU SAVE $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$