Best VA Loans in California are available to Veterans, active duty, reservists, and surviving spouses. Adjustable and fixed rates available with financing up to 100% of property value. With Valor Lending Group being in one of the nations biggest Naval installations, we know our military and veterans well. Taking care of them is one of Valor Lending Group’s highest priorities. Call Adam French today to discuss all and any loan scenarios.
What is a Top VA California Home Loan?
The VA home loan, backed by the dept. of veteran Affairs, was first created in 1944. This loan assisted service members with purchasing or refinancing a home after returning from war. This was done without requiring a great credit score or down payment to do so. Later, some lenders increased their loan limits to above the county loan limits to assist current service members and veterans with larger purchases in areas where the conforming and high balance loan limits were much lower than that of the average house in the area. VA loans are up to 100% financing, limited closing costs, and low interest rates for all who qualify. Whether it is a purchase or refinance, Valor Lending has you covered!
Why use a Top VA California Home Loan?
VA loans are the right of any service member who serves or has served in the armed forces and received an honorable discharge. It is structured in a way to include the lowest interest rate and highest amount of leverage. Being backed by the Veterans Administration, VA loans offer a fantastic benefit because of the sacrifice that they or their spouses have made to protect and defend our amazing country. Thank you for serving! This is one of the most valuable benefits of serving. The qualifying income is viewed in conjunction with all debts; then a debt-to-income (“DTI”) ratio is calculated. Traditional mortgage lenders would be required to have a DTI of no more than 50% even with a lower credit score and 100% financing.
Top California VA Home Loans Highlights
- 100% financing
- Sellers can pay closing costs, up to 2 discount points
- Buyers can add up to $6,000 to their VA loan to have energy efficient improvements installed
- No monthly mortgage insurance
- Less restrictive qualifying terms
- Buyers still eligible even after a short sale
- Jumbo loans available up to $1.5 million
- Buyers can have multiple VA loans under certain circumstances
Call or email me for immediate attention to your scenario!
Valor Lending Group also offers literally every loan in the book! Please do not hesitate to call or email with any scenarios. I look forward to an opportunity to demonstrate my prompt and professional service
Other Amazing Products Valor Lending Can Offer:
- Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
- Stated Income Loans (Great for business owners and self employed ) No tax returns!
- 100% financing is available (we can cross collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground up Construction for spec homes, custom homes and commercial ground up.
- Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
- 5% down Jumbo’s with NO MI up to $2mm / 10% down up to $3mm
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
Check out more of what we offer. Check out Valor’s Mortgage News to learn more!
