VA Loans
The VA Loan Myth That Costs Yuma Buyers Good Homes
I have spent 19 years helping military families near MCAS Yuma use this benefit the right way. Here is what most people do not know going in.
@danieljackson
VP/Senior Loan Officer | NMLS #169485
Nova Home Loans
Mortgage Loan Officer
Daniel Jackson is a Certified Mortgage Planning Specialist at Nova Home Loans in Yuma, Arizona. Daniel truly has the heart of a teacher, and is enthusiastic about educating clients. As a husband and father, Daniel knows that homeownership is never just about numbers on a page. That’s why he takes great pride in providing world-class service and professional advice to each and every family he serves. He firmly believes that adherence to integrity is the key to his success. Daniel starts each day
VA Loans
I have spent 19 years helping military families near MCAS Yuma use this benefit the right way. Here is what most people do not know going in.
VA Loans
Yuma is one of the more affordable housing markets in Arizona. It tends to be less turbulent and more stable than other areas, making it an excellent place to own real estate.
Reverse Mortgage
Quick answer: Yes. Your name stays on the title and you remain the legal owner of your home for as long as you live there, pay your property taxes and insurance, and keep the home maintained.
Real Estate
Quick answer: Yes. Eligible veterans, active-duty service members, and qualifying surviving spouses can use a VA loan multiple times throughout their lifetime, provided they have sufficient VA entitlement or restore their entitlement after meeting the program's requirements.
Credit Score
If you're planning to buy a home in Yuma County, Arizona, improving your credit could help you qualify for better loan options or a lower interest rate, but waiting isn't always the best financial decision.
First-Time Buyer
Most homebuyers in Yuma should budget between 2%–5% of the home's purchase price for closing costs, although the exact amount depends on your loan type, purchase price, and whether you negotiate seller concessions or qualify for lender assistance.
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