Va Loans

1_Va LoansWith less than perfect credit, your options for a home loan may be limited. But if you’ve served in the military, you may qualify for quick approval and a low down payment with a Veterans Administration Loan.

Our goal is to help make your dream of home ownership comes true. Our dedicated, professional mortgage specialists appreciate the fact that you have served our country, and now want to help you overcome the obstacles you’re facing so that you can become a homeowner.

We’ve streamlined our application process to make it easier than ever to get approved. Not to mention, our dedication to customer service means you can count on us when it really matters. With the expertise to find you the best possible loan, and the experience to help you make the right decisions for your budget.

VA Mortgages are available to Active Duty military, Retired Military, some Surviving Spouses, and Reservists / National Guard Members.

A VA loan is perhaps the most powerful and flexible lending option on the market today. Rather than issuing loans, the VA instead pledge to repay about a quarter of every loan it guarantees in the unlikely event the borrower defaults. That guarantee gives VA-approved lenders greater protection when lending to military borrowers and often leads to highly competitive rates and terms for qualified veterans.

VA Loan Benefits:

• No down payment requirement.

• More favorable interest rates are frequently offered by lenders because of the VA’s guarantee.

• Ability to finance funding fee.

• No mortgage insurance premiums.

• Maximum loan amount may be 100% of appraised value of home or purchase price, whichever is lower. Appraised value is determined by a VA-approved appraiser.

• Maximum loan amount is up to four times the VA eligibility entitlement (currently $104,250 with a maximum loan amount of $417,000 for 100% financing).

• Allows for no cost, no qualifying “streamline” refinance.

Highlights of us:

• 100% financing options available.

• No monthly mortgage insurance.

• Thin or alternate credit allowed.

If you are currently serving active duty or are a veteran of the Armed Services, you may qualify for a VA loan. Contact us at 0412 179 306

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