LowVARates is not a government agency, is not affiliated with the Department of Veterans Affairs, and is not a mortgage lender. LowVARates is a website dedicated to educating and assisting eligible veteran homeowners in their pursuit of homeownership through the VA loan program. One of the things that LowVARates does better than the other online websites for VA loans, is educate the veteran and assistive veteran in finding the right VA lender for their situation.
Let’s take a look now at what LowVARates feels are the top three VA approved lenders to work with in today’s lending environment.
#1. Flagship financial group LLC is an approved VA lender and also has the ability to act as a VA broker when the situation necessary. Flagship brands to the veteran the unique ability to fund VA loans as a lender when it makes sense for the veteran and also flagship has the ability to broker the VA loan if there is a product that flagship does not offer which would be better suited for the veteran home owner. Because flagship has the ability to both fund loans in its own name into broker loans, LowVARates feels that this is a major benefit in today’s difficult lending environment. As you will see with some of the other VA lenders which are recommended, if they are not willing to broker a loan the other lenders could be less efficient in some areas.
#2. Wells Fargo is one of the most recognized names in the VA loan industry. Approved VA loan specialists have indicated that over the past two years some of the nation’s most reliable and efficient VA lenders have been forced out of business due to the extreme volatility in the housing market. In the past a bank’s ability to stay in business in function properly would not have been an attribute which gave such value to a mortgage originator or veteran homeowners looking to buy a home. However, Wells Fargo has brought stability, efficiency, and certainty to the VA lending market. Loan originators or VA loan officers have indicated that the interest rates, the processing flow, and the wide array of government loan products are the main reasons why they choose to work with Wells Fargo.
#3. MetLife Home Loans has a very unique history as it pertains to the VA home loan. MetLife is better known as an insurance provider, however.
