What is the “VA guarantee” on a VA Loan? - valoanstexas.com

Get Started Today
888-788-4977


Texas Veteran and VA Home Loans

Serving Texas Veterans Statewide




What is the “VA guarantee” on a VA Loan?

0
08 Aug 2012
by Shirley

The Department of Veterans Affairs guarantees the loan for the lender in case the borrower defaults. This does not mean you are automatically qualified or entitled to a Veteran Affairs Mortgage, you still need to qualify based on your income, assets, credit profile etc. It also doesn’t mean if you default the guarantee will pay the mortgage for you and you can stay in the home. Under circumstances of default, the mortgage still goes through the same foreclosure process as conventional programs.

SCHEDULE A 15 MINUTE CALL WITH SHIRLEY
Free No Obligation Consultation


Click Here to Schedule

Contact

SHIRLEY MUELLER
and

Guaranteed Rate Inc.

Proud Sponsors of

USO.org

Click here to read more

SHIRLEY MUELLER
has been named by

Guaranteed Rate Inc.
Vice President
of
Veteran Lending

Click here to read more

SCOTTSMAN GUIDE MAGAZINE
Has ranked Shirley Mueller as the

#7 VA LOAN ORIGINATOR
in the UNITED STATES

Shirley Mueller #7 VA Loan Originator

Click here to read more

MORTGAGE EXECUTIVE MAGAZINE
Has ranked Shirley Mueller in the

TOP 1% of
MORTGAGE ORIGINATORS
in AMERICA
Click here to read more

Mortgage Calculator

mortgage

NMLS License #2611 | NMLS Consumer Access

Texas Consumers: How to File a Complaint

The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guarantee prior to an interest rate lock.

Terms of Use | Privacy Policies | Accessibility | SMS Terms | Notice to Vendors

Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Dept. of Housing and Urban Development, the US Dept. of Veterans Affairs, the US Dept. of Agriculture, Texas Veteran Lands Board or any other government agency.


*Interest rates are set weekly by the Texas Veterans Land Board and are subject to change based on when you lock your interest rate. Annual Percentage Rate (APR) represents the true yearly cost of your loan, including any fees or costs in addition to the actual interest you pay to the lender. Click HERE for an example.
Shirley Mueller
Sr. VP of Veteran Lending
Specializing in Texas Vet & VA Loans
NMLS ID: 336103

3809 Juniper Trace, Suite 100
Austin, TX 78738

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information.

Guaranteed Rate Inc. Telephone Communications Disclosure

When you press SEND your information will be sent to Shirley Mueller or a member of her team who will contact you to review your information. Your credit won’t be checked until you provide your permission and Shirley has reviewed your information with you and answered any questions you may have. By submitting your phone number you are providing express written consent for Guaranteed Rate, Inc. and its affiliates, agents, and service providers to contact you at that number regarding products or services, including via auto-dialed and/or prerecorded or artificial voice calls and text messages (SMS and MMS), or email even if your telephone number is a cellular number or on a corporate, state, or the National Do Not Call Registry (DNC) or other do not contact list. You may also reach us at 866-934-7283 or by utilizing our services at Loan Options. You may opt-out at any time by emailing us a Do Not Call Request at DNC@rate.com and providing your phone number. Your consent is not required or a condition of any purchase. Message and data rates may apply. You also consent to our SMS terms, Privacy Policy and Terms of Use. By communicating with us by phone you consent to calls being recorded and monitored.