VA Loan

Anybody who qualifies for a VA loan is provided with various financial benefits. It has been determined that over 60 million Americans are eligible to enjoy the benefits of VA. However, it has been observed that many people don't take advantage of the opportunity to claim these benefits. Are you one of them? If yes, we can definitely help... Connect with our VA specialist to inquire about the eligibility criteria for VA loans.

Considered a gift for active service members, veterans, members of Public Health Service and reservists, VA Loans require no down payment and are easily available from most lenders. Another great thing about VA Home Loans is that the US government also limits the amount of closing costs, appraisal fees and origination fees. As VA buyers are spared from the initial large up front payment, no wonder, about 90% of them take this route.

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VA loans-Rewarding our Veterans

With no down payment, you can borrow a maximum VA loan amount of $417,000 in most states. However, just like FHA loans, loan limits have been increased in some high cost areas to as much as $1,000,000. So, how much home can you qualify for? Fill out this short form to get a personalized analysis of the amount you qualify for.

  • VA loan provides up to 100 percent financing for qualified veterans.
  • Closing costs typically amount to 3 to 4 percent of the loan amount. However, VA allows the seller to pay up to 6 percent of your closing amount. That's a unique benefit that is not available with most conventional mortgage loans.
  • There are no prepayment penalties.
  • With VA loans, you can purchase a home two years after bankruptcy.
  • You can purchase home three years after a previous foreclosure.
  • Provides default assistance to the foreclosure process (i.e. they do everything possible to keep you in your home if you run into financial difficulty.)
With a VA loan you'll be one step closer to making your dream of owning a home a reality. You can buy a single family home, condominium or a townhouse in a VA approved area, a manufactured lot or home and a residence with a new construction. With so many options available, have you picked out your dream house yet? Our specialist can help you figure out which option will work best for you. Contact us about your VA Loan today!

VA loans - Refinance

The VA refinance home loan process helps you to pay off the loan on your existing property from the amount of the new VA loan. With frequent fluctuation in the interest rate, the refinance option has become more advantageous and many people favor it over conventional financing. Acquiring a VA refinance home loan is convenient and very easy.

You can opt from the two refinancing options with VA refinance home loan. Streamline refinance provides you an opportunity to lower your existing loan interest rate using a VA Interest Rate Reduction Loan (IRRL). Cash-out refinance allows you to take more money than the existing loan left to be paid. The extra cash can be used to eliminate your debts with high interest, remodel your home, pay for education, or anything else you may need the cash for. Under the VA guidelines of VA refinance home loan, you can refinance up to 90 percent of the appraised value of the home.

For exploring VA refinance home loan options and examine which suits you best, complete our VA Loan inquiry form and we'll match you to the loan and terms that best meet your needs

Set Up Your Home with VA loans

  • With VA loans, you are not required to pay any Private Mortgage Insurance (PMI). This is a HUGE savings over conventional mortgage loans.
  • With VA loan, you are not required to pay your property taxes or homeowner's insurance collectively at one time. The amount can be escrowed and split for the whole year to be a part of the monthly payment.
  • The current mortgage that you are holding can be refinanced with a VA loan.
  • Sellers may pay the entire closing cost. Again, a huge advantage over conventional mortgage loans.
  • To qualify for a VA loan is easier as compared to qualifying for any other conventional loan.
VA loans provide a lot of financial benefits once you clear eligibility criteria. Whether you are looking to buy your first home, a second home or refinance an existing mortgage loan, if you are a veteran, you've be silly not explore the benefits that available to you. From no prepayment liability to 100 percent financing, you get super rewards that you'll only get with a VA loan. Simply complete our short VA Loan inquiry form to get started today!

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