Benefits of Using Your VA Home Loan
Veterans / Military - VA Loan Benefits?
- As per the Blue Navy Water Act - the VA does not have a VA Loan Limit and will cover the full amount of the loan - here are some of the benefits to utilizing your VA Loan:
- 100% Financing - NO Down payment.
- NO Expiration Date (Re-Usable for Life)
- NO Private Mortgage Insurance (PMI).
- NO penalties if you prepay the loan.
- Administration Funding Fee - WAIVED (2.175%) - Disability of 10% or more
- Competitive interest rates.
- Loan qualification is sometimes easier than applying for conventional loan.
- Sellers can pay all closing costs.
- Surviving spouses of eligible persons who died as the result of service or service-connected injuries.
Yes, if you have paid off your prior VA loan and disposed of the property - Your Eligibility Is Reusable Depending On The Circumstances. Complete the form below for a FREE CONSULTATION.
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