VA purchase loan
VA financing | 100% financing
- No downpayment is required in most cases
- Borrow up to 100% of purchase price
- Lower closing costs
- Mortgage is assumable
- No Private Mortgage Insurance (PMI)
- No penalties if you prepay the loan
- You may be eligible for waiver of VA funding fee
- VA support during temporary financial difficulties
If you are a first time homebuyer and eligible for a VA loan consider the following:
Fact: With a VA home loan you can buy a new home for up to $719,000 with no down-payment and get the same low VA loan interest rate!
Fact: With a VA loan the seller is allowed to pay all of your closing cost.
What do these VA loan facts mean? If you are a veteran you can buy a new home for up to $719,000 without having to pay a down-payment, you can get a great interest rate while paying little or no closingrc cost! So what are you waiting for?
Take advantage of your VA eligibility and purchase a home with $0 down or lower your current VA rate through the easy qualifying streamline refinance. The VA will not only allow the seller to pay all of your closing costs, you can also get the seller to pay 4% in addition to paying your closing costs. This 4% can go towards your escrow accounts, prepaid interest, buying down your rate, AND it can actually pay off your debts! If you also have a disabled status, your VA Funding Fee will be waived. Typically this VA Funding Fee is over 2% of your loan amount and is financed into your loan. There is no monthly mortgage insurance to pay.
Whether you're active duty, retired, National Guard, etc... ask Brent what documentation will be needed upfront, so he may make copies and sign-off on your discount and donation before you start the process with him. As long as you qualify, it doesn't matter if you opt for VA or conventional financing to get your discount or donation. We will be honored to work for you and give back to you and your family.
Previous page: VA Loans
Next page: VA Cash Out Refinance
