What is a VA Home Loan?

VA MORTGAGES

VA home loans are unique mortgage program provided to eligible service members, veterans, and some members of their families. VA home loans are distinctive in that certified lenders and brokers, including Uniform Services Veterans Mortgage, issues the loans but the federal government through the Department of Veteran Affairs backs the funding. The purpose of VA loans, and special veterans mortgage rates, is to make it possible and affordable for our servicemen and women to acquire the home of their dreams.

Veteran's home mortgages and VA loan refinance opportunities often provide the most powerful and valuable home financing programs available. Because the government backs the VA loans, we are able to offer many benefits to our clients, including:

  • Highly competitive VA loan interest rates
  • No down payment
  • Fixed rate or adjustable rate VA mortgages
  • VA interest rate reduction loans that can potentially save you thousands
  • Little to no closing costs or other fees
  • Extremely flexible eligibility requirements
  • No upfront or monthly private mortgage insurance
  • And More!

Conventional loans, and even FHA loans, require many additional stipulations and requirements that VA borrowers are able to avoid completely. These requirements may include high down payments, monthly mortgages insurance fees, and higher interest rates. Veteran's home loan programs make receiving mortgages much more flexible, fast, and affordable.

Obviously this is a simplified introduction to the advantages of veteran's mortgages and interest rate reduction refinancing loans. If you would like to learn more about the VA streamline refinance opportunities, or if you would like to make a VA loan purchase, our agents would be happy to help you understand how these valuable resources can benefit you personally.

 

 Want to learn more?

It is OUR honor to serve you!

We are standing by waiting to help you understand your VA financing options, and to get you started with the simple and easy application process. Contact us now to learn more. Please call us at 888-997-8786 to see how we may assist.