Understanding the VA Loan has never been easier than it is now that we are in the information age. I can tell you that hasn’t always been the case. After I got out of the Marine Corps in 1982, I wanted to use my VA loan benefits but when I went for answers on how to take advantage of my benefits, I went to the VA, sought out realtors or visited the local bank and asked them about my benefits I got that RCA dog look with the head cocked to the side as if I was speaking Swahili. Once I became a loan officer and learned as much as I could about the VA loan, I made it my mission to try and help as many Veterans as I could. I still found that there is a stigma with Realtors because they really do not understand the loan.
I found an organization dedicated to educating and helping Veterans use their benefits called The Veterans Association of Real Estate Professionals (VAREP). I accepted the position of VP for the Orange County Chapter of (VAREP) specifically because I have found that even though we live in the information age, the VA loan continues to be a mystery to a lot of Vets and VAREP an outstanding organization with an incredible group of volunteers.
Here is an astonishing fact, only 13% of the 25 million veterans out there have used their VA loan benefits! Clearly we have a long way to go but I intend to do my part by helping as many veterans as I can, volunteering my time and I will be doing a series of articles on my blog. The video below is a short interview about debunking the VA Loan Myths with Kevin Smith with First Team. Kevin is an amazing Realtor, incredible human being in a volunteer who works tirelessly with VAREP so I was honored that he would ask me to do this video with him. It’s only about three minutes but it’s informative so I encourage you to go check it out.