All Forum Posts by: Bill Krenz
Bill Krenz has started 7 posts and replied 21 times.
Post: Any solid info on VA Vendee financing? Any lenders?

Bill KrenzPosted
- Fairbanks, AK
- Posts 21
- Votes 8
@Alex Winfield From what I found out is you need to make a offer on the property. If they accept the offer then the lender will contact you and see if you can be approved for the financing. After you are approved you will have 7 days for the inspection and can walk away in that time space. But the properties are as is. You won’t be able to lower the price if you find anything just are able to walk away if something is majorly wrong. There a special sheet you need to fill out when you make the offer to use the Vendee financing. The plus side is no limit how many and 5% down or 1% if owner occupy. I made an offer a place a couple weeks ago but somebody else won it. Hope that helps.