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VA Loans

There are numerous benefits that come along with choosing a VA loan:

  • Little or no down payment
  • Low fixed interest rates
  • No prepayment penalties
  • A maximum of up to $240,000
  • No mortgage insurance premiums
  • Limited closing costs

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A VA loan is funded by conventional lender but insured by the Veterans Administration, allowing lenders to be more generous with their qualifying standards, interest rates and down payments.

To ensure your eligibility a request for a certificate of eligibility must be filled out and submitted to the VA. This form can be found on their website and submitted at a Veterans Center in your area.

If you were active duty during World War II, the Korean War, the Vietnam war or were activated for the National Guard or the Reserves during the Persion Gulf Conflict and served at least 90 days, you should be eligible to receive a VA home loan. Veterans who served over 180 days during peacetime before 1980 or two years peacetime duty after 1980 may also be eligible. Military persons who were dishonorably discharged are not eligible.

 


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  • Expert lenders compete for your busines with low rates and great loan terms
  • Poor to Excellent credit borrowers welcome – low rate mortgage loans
  • No mandatory credit check – let only the lender you choose check your credit
  • Free evaluation of your borrowing options in a no obligation setting
  Need Cash? Considering a Home Equity Loan? Why not get cash out from your equity and refinance in one process. Select ‘Refinance’ on the application and specify your ‘Cash-Out’.
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  Home Lending Resources
VA loans are home loans for veterans who have served in either piece time or war time conditions. These loans usually require little to no down payment and they are offered at lower interest rates. VA loans can be used to finance a new home or to improve a current home. .. Calculate the monthly interest and principal that will be paid on your new loan. Print your your amortization schedule and factor in extra monthly payments to pay off your loan early… Loans are awarded based on your income, the size of your debts and your history with repaying debts in the past. If you are looking to buy a home there are special programs available to help you come up with money for a down payment…
A mortgage refinance is a great way to lower your interest rate if you are planning on staying in your home for at least three more years. You can also get cash out of your mortgage through a home equity loan at the same time you refinance… Home equity lines of credit are similar to home equity loans except your money can be taken out in increments over a long period of time at a variable interest rate. You can borrow up to 80% of the total equity you have in your home and it is easier to obtain than a traditional equity loan…

Equity loans are a popular method of using home equity to capture today’s low interest rates for making large purchases or investments. Get a lower interest rate than your first home loan for up to the entire value of your present home…

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