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VA Out of Money

Anyone ever heard of the VA running out of loan money for vets? I’m approved for a VA loan with a great interest rate, but my realtor is saying it’s a huge risk bc the VA may not have enough money, so they under appraise my home I’m selling as a way of cutting back. He recommends using the realty company’s lender - which seems like a ploy to grab my loan.

Has anyone ever experienced this? My realtor says his realtor mentor has not had good experience with the VA.

Note: my current home is a VA loan

Sorta feel gaslighted, but don’t want to come out and accuse my realtor of fabricating.

submitted by /u/QuesadillaRob
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/qj4mm3/va_out_of_money/
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