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Follow on Google News | The Irrationality of Rationality: VA Loans Often a Dis-EntitlementOur Veterans and their families are often "entitled" to special mortgages called VA loans. Learn about some of the recent challenges to obtaining this financing and consider advocating with your local Representative for changes.
Unfortunately, “irrationality” This particular client created his profile (which was a convoluted process on VA’s cumbersome website, in the first place), and per VA’s online request, he uploaded a copy of his original Certificate as a PDF document. Two weeks later, VA sent him an email stating that they could not process his request because he did not enter his service dates nor did he submit his original Certificate of Eligibility. VA was wrong on both counts: the Certificate lists his service dates (1), and he had uploaded the certificate, so VA should have been able to confirm anything that was improperly typed into their form anyhow (2). Over two weeks more have passed, and the client still has not received his Certificate from VA. It’s hard to say that we truly value the service of our Veterans when their ENTITLEMENTS are this difficult to obtain. And it’s difficult for the mortgage industry to operate in a functional way when governmental agencies and big banks operate irrationally, creating more work and more processes than is needed for things that should be simple. Things are better, but we have a long way to go to unwind some of our nation’s most irrational, rational systems. End
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