VA Home Loan Program
First and foremost, I am a Marine, and I love helping other vets!
The VA Loan Program is for eligible veterans, both active and retired. Loans are guaranteed by the U.S. Department of Veteran Affairs (VA) and veterans must meet eligibility requirements by providing a Certificate of Eligibility from the VA. If you don’t have this document or are unsure how to get it, we can help.
Whether you are buying or building a home, there are many benefits to the program. The VA loan is also a great way to make those much-needed improvements such as heating/cooling systems, water heaters, insulation, and other energy-efficient improvements.
I have helped many veterans with the VA Loan Program and I look forward to helping many more. So, if you have served or are currently serving, call me today. I can help you with your mortgage financing needs using the benefits you’ve earned! –Semper Fi
The benefits of a VA loan include:
- Great rates
- Easier qualifying requirements for income and credit
- Closing costs and fees are comparable and sometimes lower than other loan programs (VA limits fees that can be charged)
- Private mortgage insurance is not required*
- No prepayment penalties
- Loan can be assumed or taken over by a qualified buyer when the home is sold
- Counseling and assistance is available to veteran borrowers having financial difficulty or facing default on their loan
- Got Repairs? No problem. With a VA Renovation loan we can finance the repairs into the loan!
*Although mortgage insurance is not required, the VA Loan Program charges a funding fee in order to issue a guarantee for the lender against the borrower defaulting on the loan. This fee may be paid by the buyer or the seller or it may be financed into the loan amount.
Latest Blog Post
The Family Opportunity Mortgage
Unlocking Homeownership: Supporting Loved Ones with the Family Opportunity Mortgage Program
For many, the dream of homeownership remains a significant milestone. But what if you could help a close family member achieve that dream, even if they face financial hurdles? The Family Opportunity Mortgage Program, often referred to as the Family Assist Program, is a specialized mortgage solution designed to do just that – empower families to support loved ones in purchasing a home.
What is the Family Opportunity Mortgage Program?
This unique program was created to address a common challenge: families who want to assist elderly parents, adult children with disabilities, or other qualifying relatives in buying a home, but where the assisting family member might not be able to occupy the home themselves, or where the assisted family member faces challenges meeting traditional mortgage qualifications alone. It essentially allows family members to secure financing for a loved one’s primary residence, often with more favorable terms than a standard investment property loan.
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