Great information about VA home loans. Your service to our great country should always be recognized and appreciated.
We have a number of programs available just for our service men and women and veterans for California residential financing.
Let us work for you to get you into the home you deserve. Check out this great information about VA home loans.
WHAT IS A VA LOAN?
VA Mortgages are government guaranteed loan programs available to Veterans, active duty military, reservists and surviving spouses. VA Mortgages offer financing up to 100% of the reasonable value of the property and they feature both fixed and adjustable rate loans with NO down payment up to $1,500,000.00. In addition, Valor Lending Group give 5% of its commission to a local veteran charity of your choice and reimburses appraisal cost for loans over $300,000.
VA loans were developed as an additional service to the men and women who serve our country. To be eligible, a buyer must have sufficient entitlement available with VA and be a(n):
- Veteran (single or married)
- Veteran and non-Veteran spouse
- Two Veterans-married or unmarried
- Unmarried surviving spouse of an eligible Veteran (certain restrictions apply)
FEATURES OF A VA MORTGAGE:
- 100% financing
- Sellers can pay closing costs, up to 2 discount points, the prepaids Plus an additional 4%. This can be used to pay off debts, buydowns, etc.
- 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.
TARGET BORROWERS FOR A VA MORTGAGE
VA Mortgages can often be the best mortgage option for eligible buyers who:
- Are first-time home buyers
- May have lower credit scores
- Only limited funds to close
- Have higher debt ratios
- Want very competitive Jumbo mortgages with NO DOWN PAYMENT Requirements.
GIVE US A CALL TODAY!!
I hope you found this information about VA home loans completed
**We give 5% of proceeds to a local Veteran charity on every VALOR VA Home Loan, reimburse you for your appraisal for loans over $300,000**
THANK YOU FOR YOUR SERVICE!
Call or email me for immediate attention to your scenario!
Valor Lending Group can fund your fast-hard money loan up to $10mm in as little as 7 days often without an appraisal.
Valor Lending Group also offers literally every loan in the book! Check out more information on our programs CLICK HERE and please do not hesitate to call on me for any scenarios. I look forward to an opportunity to demonstrate my prompt and professional service.
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Valor Lending Group
“Pride in Lending”
Diamond View Tower
350 10th Ave – 10th Floor
San Diego, CA
Direct: (619) 535-9324
Fax: (619) 255-0602