There are many common misconceptions about VA loans. Below are a few that are commonly heard. Can you think of any others?

CONTACT US and we can tell you the correct facts regarding your VA benefits 




I can only use VA entitlement once. Not only can you reuse your VA benefits, you can even have multiple VA loans at once!
VA loans take too long! A seller will never pick my offer. Fairway Independent Mortgage Corporation can process and close your loan in as little as 21 business days!
If I'm deployed or on a remote tour, I won't be able to purchase a home for me or my family. If your spouse occupies the home, you may purchase a primary residence while still serving overseas.



Here are some questions we've noticed through our extensive experience with VA loans that are commonly asked.

Please CONTACT US to discuss any of these questions  further in depth.


Can I close my home loan in my home town?  



How do all those documents get to my local title company?   

FedEx or Secure Email


should I speak to a lender before looking for a home?

Definitely! Getting pre-approved is practically a must these days. First, it will let you know how much of a home you can afford. Second, having a strong lender, that has taken you through the loan process as far as you can go, is a great bargaining chip when negotiating on a new home. 


I’ve already applied to another lender for my home loan. Do I have to stay with them? 

No you don’t.  You can change your mind, and decide who you want to close your loan.  The transfer of your loan is an easy process.


Can I use the VA Loan Program for a rental property purchase?      

No. It must be a property you are going to reside in. But that doesn't mean you can't buy a new home and rent out an existing home that has a VA loan on it.  


I am a widow of a veteran, can I qualify?          

Yes you can.  Limitations apply.


I hate to fill out forms online.  Can I talk to someone in person?      

Sure, just call us!


How will I know what the prospective home is worth?  

Your Realtor will give you a comparative market analysis of the home based on the other homes in the neighborhood but an appraisal will also be done by a licensed appraiser.




It's simple, if you fall under the following criteria then you are eligible to qualify for a VA Loan:

  • Active Duty Service Members
  • Veterans
  • National Guard
  • Reserves
  • Surviving Spouses

VA Home Loans can be used to:

  • Buy a home, or a condominium unit in a VA approved project
  • Build a home
  • Simultaneously purchase and improve a home
  • Improve a home by installing energy-related features, or making energy efficient improvements
  • Buy a manufactured home and/or lot


VA loans give you 100% financing

  • No prepayment penalties
  • No private mortgage insurance (PMI)
  • VA financing fees can be “rolled” into the loan amounts
  • Variety of eligible property types, including townhomes and VA-approved condos
  • 30 or 15 year loan terms

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Ph: 720.907.7674
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Senior Loan Officer
NMLS# 172617
Ph: 303.475.6267
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HomeSmart Realty Group
7550 W Yale Ave., Suite A220
Lakewood, CO 80227
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Fairway Mortgage
7800 E. Dorado Place, Suite 220
Greenwood Village, CO 80111