VA Loans

VA loans are to help veterans and active duty get financing with favorable loan terms.

A VA Loan is Designed to offer long-term financing to veterans. 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 to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

VA loans features and benefits

• 100% financing – No Down Payment

• No Monthly Mortgage Insurance

• Flexible credit standards

• No prepayment penalty and is assumable

• Cash out allowed to 100% of home value

Loan Guidelines

• Fixed and Adjustable Rates

• Owner Occupied only

• Single Family Homes Only

• Loan amount up to $1,000,000

For more information on VA loans, contact us today!