VA Loan

The VA loan program is the most powerful home loan program on the market for many veterans, service members, and military families. These flexible, government-backed loans come with significant benefits that open the doors of homeownership to veterans who might otherwise struggle to obtain financing.

VA loans require no down payment or private mortgage insurance. They feature competitive rates and terms and allow qualified borrowers to purchase a home with little to no money out of pocket. It is generally easier to qualify for a VA loan than conventional loans.
Here's how it works:

  • 100% financing without private mortgage insurance or 20% second mortgage.
  • A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.
  • When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.
  • Basic Allowance for Housing
  • No Pre-Payment Penalty
  • When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.

Want to get a VA Loan? Call me today @ 805-432-4898 or click here now, the more questions you answer - the more accurate your results.

Apply Now

Return to Loan Options