VA LOAN       Do You Own a Home? Yes No       Select State... ---------- Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Washington D.C. Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming       Select Loan... ---------- Purchase Refinance Home Equity   Qualifications For A VA Loan? Almost every veteran is eligible for Veterans Affairs benefits, such as VA home loans. These loans are generally the best choice for veterans who are planning to purchase a new home or refinance an existing home mortgage. Benefits and Features of a VA Guaranteed Home Loan No down-payment (although some lenders do require one) Equal opportunity for all qualified veterans The Buyer is informed of reasonable value The Interest Rate is negotiable! No Mortgage Insurance Premiums! Reduced funding fees with a down-payment of at least 5% Ability to finance the VA funding fee Closing costs are often lower than other financing types An assumable mortgage No penalty for prepay! What are the benefits of a VA loan vs. a Conventional loan? 100% financing with no mortgage insurance which means your entire interest payment is tax deductible. Approval with less than perfect credit and still obtain a quality rate Apply Now When you are ready to refinance a VA loan you can do so through a "streamline refinance". A streamline refinance requires no income, asset, or credit verification, while it is also much cheaper than a conventional refinance because many of the traditional closing costs are waived. Steps that a Veteran must take in order to obtain a VA Guaranteed Loan The Veteran must apply for and get a Certificate of Eligibility The Veteran must select a home and discuss the purchase with the seller or selling agent The Veteran must sign a purchase contract on approval of a VA Guaranteed Loan The Veteran must complete a Certificate of Eligibility The Veteran selects a lender, presents them with their Certificate of Eligibility and completes the loan application The Lender will determine the Veterans credit, and the VA will have the veterans home appraised. The lender or the VA will issue a value on the property for loan purposes. The Veterans loan will be approved if all parties and the lender determine that they are credit and income qualified. Once the loan has been approved, the Veteran attends the loan closing, signs the note and mortgage. The Certificate of Eligibility is returned to the Veterans after explanation of how monthly payments will be made, and after the Certificate has been annotate by the VA. (This procedure may vary from state to state) Get Pre-Qualified Today! Whether you are planning to purchase a new home, refinance your existing home loan for a lower interest rate or to take cash out, contact us to obtain a Certificate of Eligibility and get pre-qualified. You can fill out our Online Application for a free quote and an FHA/VA specialist will contact you within 24 hours. We will give you professional advice and explain the pros and cons of your refinance transaction. We are here to assist you on all your questions about FHA/VA insured Loans and properly educate you, for you to make the best possible financial decision.