New VA Home Loan Options | Valor Lending Group
CHECK OUT OUR NEW VA HOME LOAN OPTIONS FOR OUR SERVICE MEMBERS AND THEIR FAMILIES!
Valor Lending Group is a proud supporter of all service members and their families.
Being a Veteran myself, I am a proud supporter of all service members and their families. I will work to give you the best experience from beginning to end, through the purchase or refinance of your new or current home.
Valor Lending Group strives to deliver excellent communication and we will get you the best deal that fits your needs.
We are available and ready to start a scenario for you today.
Give me a call today discuss your new VA home loan options!
VA Loans
VA Loans have many benefits for active-duty members and retired veterans; you also may qualify as a member of the National Guard or Reserve. The main highlighted benefits are 100% Financing, no private mortgage insurance, or PMI, and no prepayment penalty.
VA loan programs offer below-market interest rates, and terms of 15 year fixed up to 30 year fixed and even 5/1 and 3/1 ARMs.
Qualification requirements vary depending on your status.
For most qualifying service members there is a minimum active duty requirement which may range depending on your role, but for most, it is just 90 days.
There are pros and cons to Arizona VA loans. The pros are fixed and adjustable-rate mortgages, Jumbo loans, refinance loans, and cash-out loans. Also, 100% financing, no private mortgage insurance, no prepayment penalty, online pre-qualification, education resources, and free credit counseling. The cons are high fees (VA funding fee). This can be waived to those that qualify. Home equity loans and HELOCs are not available.
What Are VA Loans?
The VA home loan, backed by the Department of Veteran Affairs, was first created in 1944. This loan assisted service members with purchasing or refinancing a home after returning from war 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 (VA Loan Limits for Arizona Cities) to assist current service members and veterans with larger purchases in areas where the conforming and high balance loan limits were much lower than the average house in the area. VA loans are up to 100% financing, limited closing costs, low interest rates for all who qualify whether it is a purchase or refinance including a cash-out refinance, and no mortgage insurance.
Why Use VA Loans?
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, the highest amount of leverage, being backed by the VA, to provide our service members and veterans a fantastic VA 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, and 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.
VA Home Loans
It’s still a GREAT time to purchase or refinance with Valor VA Loans.
Finding the best VA Loans have never been easier. Valor has government-guaranteed VA Loans available to Veterans, active duty military, reservists and surviving spouses. VA Loans offer financing up to 100% of a property’s value, and feature both fixed and adjustable rate loans. And there is NO down payment up to $1,500,000.00!
Valor VA Loan 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.
- *Valor will reimburse your appraisal fee for loans above $300,000.
- **We give 5% of proceeds to a local Veteran charity on every VALOR VA Loan
We also offer:
- Bank Statement Loans
- Hard Money Loans
- FHA Loans
Valor Lending Group has New ARIZONA and CALIFORNIA Home Loan Options Available TODAY!
Valor Lending Group is committed to serving our Service Members!
CALL OR EMAIL ME for immediate attention to your scenario!
Recap of our Loan Products:
- 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 $1.5M
- Investor Cash Flow Loan – No tax returns or DTI calculation! Based on subject property cash flow
- 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)
- 10% down Jumbo’s with NO MI up to $2M
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500M
- 3% & 5% down Conventional Loans – LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
We also offer:
- 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans
- High Balance Conforming aka Super Conforming
- Jumbo’s to $25M / Super low rates! / 10% down Jumbo to $2M
- FHA, USDA
- ARM’s
- Reverse mortgages up to $3M Value
- Refinance including Cash Out
I am never too busy for your referrals!
🔴⚪🔵WE ARE PROUD SUPPORTERS OF OUR TROOPS!🔴⚪🔵
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