Meta Description: VA loans close fast, in under 30 days! Bust the myth of slow closings. #VALoan
A common myth is that VA loans take forever to close, discouraging veterans from using this benefit. In reality, VA loans close in 30 days or less, just like FHA & Conventional loans.
Let’s debunk this misconception and explore the VA loan timeline.
Why the Myth Exists
Concerns about VA appraisals or paperwork requirements lead some to assume VA loans are slower. While unique steps like the VA appraisal exist, they don’t significantly delay closings when handled by experienced professionals. Misinformation perpetuates this myth.
The Truth About VA Loan Closings
Standard Timeline: VA loans average 30 days to close, competitive with other mortgage types. We recently closed a VA loan in 11 business days!
Efficient Process: VA appraisals and underwriting align with industry standards, avoiding major delays.
Prepared Lenders: A VA-savvy lender can streamline paperwork and keep the process on track.
How to Close a VA Loan Quickly
Choose a VA-approved lender with experience in fast closings. Provide all required documents (e.g., COE, income verification) promptly. Work with a realtor to select homes likely to pass VA appraisal, reducing repair-related delays. Stay in communication with your lender to address issues quickly.
VA loans don’t drag on—they close as fast as most mortgages with the right team. Don’t let myths about slow closings keep you from buying your home with a VA loan.
Ready to close your VA loan quickly? Contact John Burke, VA Mortgage Specialist, at jburke@valoansdoneright.com or call (877) 228-9069 to explore your VA loan options.
