Table of Contents
- What is the VA Loan Limit?
- How to Apply for a VA Home Loan?
- What is the Median Home Price?
- What are the VA Appraisal Fees?
- Do I need Flood Insurance?
- How do I learn about Property Taxes?
- What is the Population?
- What are the major cities?
- About Greene County
- Veteran Information
- Apply for a VA Home Loan
- VA Approved Condos
FAQ
What is the VA Loan Limit?
2021 VA Home Loan Limit: $0 down payment up to $5,000,000* (subject to lender limits) /2 open VA loans at one time $548,250 (Call 877-432-5626 for details).
How to Apply for a VA Home Loan?
This is a quick look at how to apply for a VA home loan in Greene County. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Greene County. If you have any questions, you can call us at VA HLC and we’ll help you get started.
- Get your Certificate of Eligibility (COE)
- Give us a call at (877) 432-5626 and we’ll get your COE for you.
- Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
- Get pre-approved, to get pre-approved for a loan, you’ll need:
- Previous two years of W2s
- Most recent 30 days paystubs or LES (active duty)
- Most recent 60 days bank statements
- Landlord and HR/Payroll Department contact info
- Find a home
- We can help you check whether the home is in one of the Greene County flood zones
- Get the necessary inspections
- Termite inspection: required
- Well or septic inspections needed, if applicable
- Get the home appraised
- We can help you find a VA-Certified appraiser in Greene County and schedule the process
- Construction loan note: Construction permit/appraisal info
- Building permit
- Elevation certificate
- Lock in your interest rates
- Pro tip: Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
- Close the deal and get packing!
- You’re ready to go.
What is the Median Home Price?
As of February 28, 2021, the median home value for Greene County is $118,586. In addition, the median household income for residents of the county is $47,056.
How much are the VA Appraisal Fees?
- Single-Family: $500.
- Individual Condo: $500.
- Manufactured Homes: $550.
- 2-4 Unit Multi-Family: $550.
- Appraisal Turnaround Times: 10 days.
Do I need Flood Insurance?
- The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
- In Greene County, there are some minimal flood hazard areas. Particularly in the south side of the county in areas surrounding Loggy Creek and Fight Mile Creek. Also, by the Johnson Creek and Meadow Law in the county’s center and Jacks Creek on the north side.
How do I learn about Property Taxes?
- Jane Wheeler Moudy is the Greene county tax assessor. Her office can be reached at 320 W Court St, Room 101, Paragould, Arkansas, 72450. Additionally, Jane’s office can also be reached by calling (870)-239-6303 Monday through Friday from 8:00 am to 5 pm.
- For many years, Amendment 79, which Arkansas voters passed, is a law that allows a credit of up to $350 on the general taxes of an eligible taxpayer’s primary residence.
What is the Population?
- The county’s population of 45,325 is 92% White, 3% Hispanic, and 2% Black.
- Most county residents are between 18 and 65 years old, with 24% under 18 years old and 16% older than 65.
- In total, the county has about 17,254 households, with an average of 2.5 people per household.
What are the major cities?
The county has 5 cities, including the city of Paragould, which serves as the county seat. Other important cities and towns that make up this county are Marmaduke, Lafe, Delaplaine, and Oak Grove Heights.
About Greene County
Greene County, Arkansas is home to the Economic Development Corp. of Paragould which partners with other neighboring cities to ensure that any and all businesses have all they need regarding land, buildings, infrastructure, workforce training, and public services.
For outdoor enthusiasts, Crowley’s Ridge park is found on the top part of the magnificent river delta on both sides and is made of gravel, clay, and sand from the ocean’s bottom.
This beautiful State Park was developed in 1933 and is situated in a hardwood forest and pine on the west side. Plus, several recreational amenities are found here, such as sand beaches, canoeing, and swimming. Besides, on the grounds is located a pioneer cemetery, home to many historical figures and heroes
On the other hand, Lake Hubble, Lake Frierson, Little Rivers and, the Bland and offer fantastic fishing experiences. In these areas, there are two wildlife sites for hunting enthusiasts.
An extremely popular area for local citizens, as well as many visitors for fishing and hunting, is St. Francis River, which borders the east to Missouri.
Veteran Information
Greene County has a veteran population of 2,880.
- Greene County is home to one VFW post:
- Post-2242 Cathey-Dowdy Post – 4273 Highway 49 North, Paragould, Arkansas 72450.
- VA Medical Centers in the county:
- Paragould VA Clinic – 2420 Linwood Drive, Suite 3, Paragould, Arkansas 72450.
- County Veteran Assistance Information
- Greene County Veterans Service Office – 320 West Court Street, Room 119, Paragould, Arkansas 72450.
VA Home Loan Information
- For more information about VA Home Loans and how to apply, click here.
- If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.
- VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.
VA Approved Condos
There are no VA-approved condos available in Greene County Arkansas. For more information about the VA condo approval process give us a call at (888)573-4496.
