A 3rd party broker that specializes in mortgages guaranteed by the US government

VA HLC Get Connected™ Loan Program

In an effort to stimulate the economy, VA Home Loan Centers is authorized to make available to the public the Get Connected™ loan program. The program offers all US citizens (including military and non-military) the ability to buy government owned foreclosures using reduced down-payment loans. The program is designed to offer a trusted, unified source for loan approval and home buying.

How it works:

Buyers must be screened prior to loan approval. Once screened, buyers will receive access to government foreclosures and homes eligible for the program. These foreclosed REO homes are usually discounted below market value. Once the buyer selects a property to purchase, a VA HLC affiliated agent will prepare the purchase agreement. After the purchase agreement is completed, the buyer is encouraged to inspect the home and determine what repairs are necessary prior to occupancy. The next step is to finalize the transfer or complete repairs (if necessary). If repairs are necessary, the final step will be to inspect the home once repairs are complete and finalize the transfer.

How Do I Apply?

To apply for the program, complete the VA Loan Application.  Once the application is complete, a counselor will review the application and contact you to give you your password.

Who is eligible?

The program is available to all US citizens and permanent residents over the age of 18 that meet the underwriting guidelines.

Is there a cost or fee to enroll?

There is no cost to enroll in the program. You must make a deposit when you select a property.

Will my payment increase?

Interest rates remain fixed for the life of the loan.  Your mortgage payment (principal and interest) will never increase.

What is required to qualify?

All applicants must be over 18. Stable income is required. No late payments are allowed on any debt in the last 12 months.

Do I have to make a down payment?

No. There is no down payment required. You, the borrower will choose to place a down payment or not. Although not a down payment, a deposit is required (when you decide on a property and begin to purchase it). The EMD can be refunded if the transaction is canceled.

Do I have to make monthly payments?

Yes. Your monthly payment will depend on property, and how much you can afford.

Is there a limit to how many properties I can buy?

No. However, you can only buy 1 home at a time. You may not own 2 homes from the program at any time.

Is there a maximum loan amount?

No. However, there is a maximum $0 down loan amount for each county.

Can I get money to remodel the home?

Yes. The amount you can request will depend on the type of repairs and financing.

Can I flip, re-sell or rent the house?

Yes. You must wait a minimum of 90 days prior to selling the home. You may rent the house however, you must certify that you will occupy the home. However, there is no set minimum amount of time required to live in the home.

Where are the homes located?

The properties are located in all 50 states and each US territory.

Do all of the homes need repairs?

No. The homes are in a wide variety of condition. Some will need repairs, other do not.

Are these homes discount foreclosures?

Many of the foreclosures are further discounted due to deferred maintenance, or lack of completion.

Are the homes new?

Some are new and have never been lived in. Some do not have construction complete. Some are complete and have been previously occupied.