VA LOAN - Did You Know?
The VA Home Loan is a mortgage loan option offered exclusively to active-duty military service- members, veterans, and surviving spouses. VA Loans are financed through private lenders and guaranteed by the Department of Veterans Affairs.
SAVE THOUSANDS - with VA Loan versus the FHA Loan
zero down payment - IF HOUSE COST FALLS LOWER THAN YOUR COUNTY LIMIT
NO VA LOAN LIMIT - unless you exceed $3 Million for purchase
NO MORTGAGE INSURANCE FEE - no third party mortgage insurance required
no income limits - NO MINIMUM OF MAXIMUM INCOME ELIGIBILITY REQUIREMENTS
NO MINIMUM CREDIT SCORE - no minimum credit score requirement
NO PRE-PAYMENT PENALTIES - pay off the loan at anytime without penalty
DISABILITY BENEFITS - for service-connected disability of 10%+ can waive fees
GOOD FOR MORE THAN ONE USE - VA Loan can be used multiple times
SAFE, SOUND, SANITARY - all homes are measured against these three standards
NO EXPIRATION DATE!!!