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What is Considered to be a Completed Loan Application?

by Steven Kitnick | Jul 21, 2017 | Contracts, FHA, Loan Applications, Mortgage Finance, VA

Let’s examine the Greater Las Vegas Association of REALTORS (“GLVAR”) Residential Purchase Agreement (“RPA”) (Rev. 06/17). On page 1 of 11 paragraph 2:  Additional Financial Terms & Contingencies:  A.  New Loan Application and...

Does a VA Appraisal Attach to a Property?

by Steven Kitnick | Jul 21, 2017 | Appraisal, HUD, VA

  VA Appraisals stay with the property similar to FHA appraisals, but for a period of 180 days.  If a Buyer is using a loan other than a VA loan to purchase the property, then a new appraisal will be ordered on a new transaction.


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