Government Assisted Mortgage Programs helping families in need
VA's Home Loan Program is for veterans and active duty military
personnel and certain members of the reserves and National Guard.
VA's program provides an excellent product and benefit for those
individuals who have served or are serving to protect our families and
our nation, as well as giving them a form of financing that will allow real
estate professionals to sell more homes.
For those who are unfamiliar with the program, there are several
advantages to using VA's Home Loan Program. The VA allows a
veteran who qualifies income and credit-wise to purchase a primary
residence without putting money down towards the sales price, as long
as the sales price does not exceed the appraised value. Veterans do,
however, need money towards closing costs and the earnest money
deposit, which the seller generally requires when a sales contract is
signed. Closing costs may be paid by the seller, which is an item to
consider when the sales price is being negotiated.
personnel and certain members of the reserves and National Guard.
VA's program provides an excellent product and benefit for those
individuals who have served or are serving to protect our families and
our nation, as well as giving them a form of financing that will allow real
estate professionals to sell more homes.
For those who are unfamiliar with the program, there are several
advantages to using VA's Home Loan Program. The VA allows a
veteran who qualifies income and credit-wise to purchase a primary
residence without putting money down towards the sales price, as long
as the sales price does not exceed the appraised value. Veterans do,
however, need money towards closing costs and the earnest money
deposit, which the seller generally requires when a sales contract is
signed. Closing costs may be paid by the seller, which is an item to
consider when the sales price is being negotiated.
CALL 1-800- 341-8505
Consultants on duty 24-7
| Quick FREE VA Loan Consultation |
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determined by our lenders. FHAbankdirect.com is NOT affiliated with any government agencies, including the VA or HUD. FHAbankdirect.com is brought to you by Zapper
Direct.
VA Mortgage Quick Facts
- NO DOWN PAYMENT REQUIRED
- NO MORTGAGE INSURANCE
- EASIER QUALIFICATION STANDARDS
- CREDIT AND INCOME STANDARDS ARE MORE FORGIVING
- NO PREPAYMENT PENALTIES