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
2025 MSHDA Income and Sales Price Limits
Important Update: 2025 MSHDA Income and Sales Price Limits – Effective May 1st!
Michigan homebuyers, take note! The Michigan State Housing Development Authority (MSHDA) has announced the 2025 income and sales price limits for its MI Home Loan and Mortgage Credit Certificate (MCC) programs. These new limits, effective for new registrations as of May 1, 2025, are crucial for determining eligibility for MSHDA’s programs.