*Click on the program above to see more details.*
VA Mortgage
VA mortgages are no longer just for your Grandpa Joe. Many 20- and 30-something-year-old military veterans are coming back from their tour overseas and are using VA financing to purchase their first home. The US Department of Veterans Affairs (VA) has designed this loan to provide long-term financing to American Vets or their surviving spouses (provided they do not re-marry). A VA funding fee of 0-3.3% of the loan amount is paid to the VA and is allowed to be financed into the loan.
VA Advantages
100% Financing
Competitive Interest Rates
No Monthly Mortgage Insurance
Sellers may contribute up to 6% of the purchase price to cover closing costs and pre-paid items
VA Streamline Refinance - IRRRL
If you currently have a VA mortgage and are paying on time, you can take advantage of lower rates WITHOUT having to get a new appraisal! VA's Interest Rate Reduction Refinance Loan (IRRRL) can save you time and money if you're hoping to lower your payment.
VA IRRRL Advantages:
NO Income Verification (employment verification may be required)
NO Asset Verification
NO Appraisal Required
Contact Us Today to learn more about Fixed Rate Mortgages.
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