Do you have an active-duty military or veteran client?

VAloansHEader

Benefits of using the VA loan privileges

– Buy a home with no down payment – a benefit almost no other loan can offer.

– Refinance up to 120% of your home’s value.

– Take advantage of your VA loan benefits even if you’ve used them in the past.

 

VA loan features

– 30-, 20- & 15-year fixed-rate and 5-year ARM loans available.

– Jumbo VA loans available up to $1,500,000.

– Buy a home with no money down.

– Refinance up to 120% of your primary home’s value.

– VA Streamline refinance – available for veterans currently in VA loans – has reduced funding fees and minimal documentation.

– No monthly PMI (Private Mortgage Insurance).

 

How VA loans work

– Credit scores as low as 620 may qualify for VA loans.

– Use your Basic Allowance for Housing toward your monthly mortgage costs.

– Prepay your mortgage at any time without penalties.

– Roll the funding fee into the loan amount to limit closing costs.

Your Loan in the Valley

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Posted on September 16, 2014, in Uncategorized and tagged , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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