VA Mortgage Loans

VA Mortgage Loans are one of the few types of mortgages left which require no down payment. If you are a qualified veteran and have your VA Eligibility Certificate you can buy a home with nothing down. The VA Mortgage also allows the seller of the home you are buying to cover your closing costs. It is a Great loan for a deserving group of people! Thank you to all who have served The United States of America!

A few things to be prepard for;

1. VA loans take considerably more time to underwrite compared to a conventional mortgage loan.

2. The VA appraisal is much tougher and really inspects the home looking for issues and defects. This is to protect our veterans

3. VA Mortgage Loans have a VA funding fee which is used to support the VA program. If a veteran is 10% or more disabled then the VA funding fee is waived.

All said it is worth checking into The VA if you qualify for the benefit!