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Are You A Veteran? If "Yes", first, let me Thank You for your service! I am so grateful to those whom have served including my father and 3 uncles. I know that we would not enjoy the freedoms we have today without your service and sacrifice. And, second, please let me help you achieve the american dream of home ownership. To get you started, I am providing the links below to the United States Department of Veterans Affairs website. There you will find the information available regarding the Home Loan Guaranty Services provided to Veterans and important announcements. |
Links to Veterans Frequently Asked Questions:
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What are the benefits of a VA Loan?
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There are many benefits of a VA Home loan:
- Equal opportunity.
- No down payment (unless required by the lender or the purchase price is more than the reasonable value of the property).
- Buyer informed of reasonable value.
- Negotiable interest rate.
- Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5% and exemption for veterans receiving VA compensation).
- Closing costs are comparable with other financing types (and may be lower).
- No mortgage insurance premiums.
- An assumable mortgage.
- Right to prepay without penalty.
- For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
- VA assistance to veteran borrowers in default due to temporary financial difficulty.
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