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Veteran Services

Honoring our veterans with specialized financing options. As a VA-approved lender, we are proud to support those who have served our country. Discover the benefits of VA loans, including low or no down payment options, competitive interest rates, and streamlined processes. Let us assist you in obtaining the financing you deserve as a veteran.

VETERAN AFFAIRS LOAN

If you’re an active-duty military member, a veteran, or an eligible family member of a military veteran, you may be eligible for a Veterans Affairs loan, which includes a substantial perk of waived lender’s fees*. The VA Mortgage is a government-backed option that provides up to 100% financing based on the property’s reasonable value, with more lenient qualifying terms compared to conventional programs.

VA LOAN SPECIFICATIONS**

(1-4 unit, purchase, primary residence only)

30-year Minimum FICO

580 minimum FICO and maximum loan amount of $1,000,000; or
680 minimum FICO and maximum loan amount of $2,000,000

15-year Minimum FICO

580 minimum FICO and maximum loan amount of $1,000,000

Note: For loan amounts greater than > $647,200 the maximum loan amount must include the funding fee when financed (applies to both 15 and 30 year fixed).

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Steps to Homeownership With Hobart Team

Get Pre-Approved

Unlock your home buying potential by getting pre-approved for a mortgage. With a clear understanding of your budget and loan eligibility, you can confidently embark on your journey to find the perfect home. Start with a pre-approval to make the home buying process smoother and more successful.

  • Expert guidance for necessary financial paperwork.
  • Personalized service from a trustworthy lender.
  • Seamless online or in-person application process.
  • Fast pre-approval with prompt review and tailored mortgage amount.

Finding an Agent - The Hobart Way

At The Hobart Team, we understand that finding your dream home is a journey close to your heart. Our mission is to make that journey a seamless and rewarding experience. With a deep understanding of the local real estate market, our team of dedicated professionals is committed to matching you with the perfect property.

Whether you’re searching for a cozy starter home, a spacious family retreat, or a luxurious estate, we’ve got you covered. We provide access to an extensive range of listings, ensuring you have a variety of options to explore. Our experienced real estate professionals will take the time to understand your unique preferences and needs, guiding you through the house-hunting process with expertise and care.

Find Your Dream Home

At The Hobart Team, we understand that finding your dream home is a journey close to your heart. Our mission is to make that journey a seamless and rewarding experience. With a deep understanding of the local real estate market, our team of dedicated professionals is committed to matching you with the perfect property.

Whether you’re searching for a cozy starter home, a spacious family retreat, or a luxurious estate, we’ve got you covered. We provide access to an extensive range of listings, ensuring you have a variety of options to explore. Our experienced real estate professionals will take the time to understand your unique preferences and needs, guiding you through the house-hunting process with expertise and care.

Make an Offer

You’ve found the home that captures your heart, and now it’s time to move forward with an offer. As your trusted mortgage lenders, The Hobart Team will be there to support you through this exciting step. While the realtor handles the negotiations, we work closely with you to ensure your financial preparation aligns with the offer process.

Our team of mortgage experts will assist you in understanding the financial aspects of the offer, providing valuable insights to help you make informed decisions. With our expertise and personalized guidance, you can approach the offer stage with confidence. Let The Hobart Team take care of the financing details, so you can focus on envisioning yourself in your future home. Trust us to be your dedicated partners throughout the process, helping you secure the mortgage that fits your needs seamlessly.

Final Stretch - Home Inspection

Once you’ve found your dream home and your offer has been accepted, you’ll schedule a home inspection with a qualified professional. They will conduct a comprehensive assessment of the property’s structure, systems, and overall condition. Armed with the inspection report, you’ll gain valuable insights into any potential issues or repairs needed, enabling you to make informed decisions about the property.

As your dedicated mortgage lenders, we fully support your home buying journey, including the home inspection process. We’re here to answer any questions you may have about financing, ensure a smooth loan application process, and provide you with peace of mind as you move closer to making your dream home a reality.

Secure Financing

Securing the right financing is not only essential but also a critical step towards achieving a successful homeownership journey. At The Hobart Team, we recognize the significance of this phase, and our team of experienced mortgage professionals is fully dedicated to guiding you through the entire financing process with expertise and care. We understand that each homebuyer has unique financial circumstances and aspirations, which is why we take the time to listen attentively to your needs, assess your financial situation, and explore various loan options that align perfectly with your goals.

With our support and guidance, you can confidently navigate the complexities of the financing process, ensuring that you are well-prepared to close on your new home. Our ultimate aim is to make the financing process smooth and stress-free, empowering you to embark on your homeownership journey with confidence and peace of mind.

Closing

Congratulations, you’re almost a homeowner! The closing marks the final step in the home buying process. Our team will ensure all necessary documents are prepared and signed, and the property ownership is officially transferred to you.

We’ll be there to answer any questions and provide support throughout the closing process, making sure everything is in order for a smooth transition to your new home. Let us handle the details, so you can focus on celebrating this significant milestone in your life.

People Are Talking

“He offered personal and friendly service, and made the whole process feel easy! I would definitely recommend to anyone looking for a lender. Thank you so much!!”

– Katie T.

What makes Hobart the best partner for VA loans?

Discover unparalleled support with The Hobart Team, your trusted partner for VA loans. Our profound knowledge of VA loan intricacies, combined with personalized service, sets us apart. We offer transparent guidance, tailored solutions, and streamlined processes to ensure a seamless journey through VA financing.

Rely on us to navigate complexities, secure favorable terms, and help you take full advantage of the benefits VA loans offer. With The Hobart Team, VA loans become a strategic pathway to achieving your homeownership dreams while honoring your service to our nation.

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Upfront Underwriting Goal

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Processing Goal

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Closing Goal

Frequently Asked Questions

What is a VA loan, and who is eligible for it?

A VA loan is a mortgage backed by the U.S. Department of Veterans Affairs, designed to assist active-duty military, veterans, and eligible family members in buying homes. Eligibility criteria include military service history and discharge status.

What are the benefits of a VA loan?

VA loans offer numerous advantages, such as no down payment requirements for eligible borrowers, competitive interest rates, and no private mortgage insurance (PMI) requirement. These loans also have more lenient credit and income requirements compared to conventional loans.

Can VA loans be used for refinancing?

Yes, VA loans can be used for both purchasing homes and refinancing existing mortgages. The VA offers various refinancing options, such as the Interest Rate Reduction Refinance Loan (IRRRL), which can help lower interest rates and monthly payments for eligible borrowers.

Ready to Get Started?

Contact your trusted mortgage lender today.

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