If your credit is not perfect, you may have a hard time qualifying for a loan. However, if you are or have been in the military, it’s possible you may be approved quickly and qualify for low down payment with a Veterans Administration Loan.
We work hard to make sure you are able to realize your dream of home ownership. We thank you for your service to our country and do everything we can to remove the blocks and help you get into your new home.
We are committed to providing the best possible service to our clients and have simplified the application process so that your loan will be more likely to be approved.
We provide the expertise and the experience you need in order to make certain you make the most appropriate choice for your budget.
VA Mortgages are available to Active Duty military, Retired Military, some Surviving Spouses, and Reservists / National Guard Members.
Should a borrower be in default on their loan, the VA will repay it. A VA loan is one of the best lending options available.
Because of the guarantee from the VA to approved lender, they know that the loan is protected so it often generates more competitive rates and terms for veterans who qualify.
VA Loan Benefits:
- No down payment requirement.
- More favorable interest rates are frequently offered by lenders because of the VA’s guarantee.
- Ability to finance funding fee.
- No mortgage insurance premiums.
- Maximum loan amount may be 100% of appraised value of home or purchase price, whichever is lower. Appraised value is determined by a VA-approved appraiser.
- Maximum loan amount is up to four times the VA eligibility entitlement (currently $104,250 with a maximum loan amount of $417,000 for 100% financing).
- Allows for no cost, no qualifying “streamline” refinance.
Highlights of us:
- 100% financing options available.
- No monthly mortgage insurance.
- Thin or alternate credit allowed.
If you are currently serving active duty or are a veteran of the Armed Services, you may qualify for a VA loan. Contact us at (561) 123-1234