A VA Loan is Designed to offer long-term financing to veterans with no money down. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate of eligibility to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.
As it should be, veterans are favored with VA financing options. The VA loan is an excellent benefit that allows our military vets who have the needed eligibility to get home financing with no money down, with lower interest rates and with lower closing costs that any other mortgage financing tool. It is not widely known, but veterans with limited service time, or National Guard history can also qualify for VA financing.
VA allows for repeated refinancing and cash out options up to 100% of the home’s value. Refinancing options can be completed with zero closing costs and allowing veterans to skip up to two payments in the process.
Call me anytime to get full details on this excellent benefit and save yourself thousands of dollars and hours of hassle.
Apply for a VA Loan only with a VA Qualified Lender.