VA Loan (Purchase)
Zero Down Payment Required
VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan
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WHO QUALIFIES??
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US Citizen
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Active or previously served on active duty in the Air Force, Army, Coast Guard, Navy, or Marines.
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Discharged or released from active duty under conditions other than dishonorable or
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Members of the Reserves and National Guard are eligible upon completion of 6 years of service;
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Surviving spouses of certain Veterans who were continuously rated for a service connected disability, but whose disability may not have been the cause of death are also eligible
LOAN DETAILS:
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NO DOWN PAYMENT REQUIRED ON PURCHASE TRANSACTIONS
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Cash Out up to 100% LTV
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DTI as high as 60%
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FICO from 560
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Loan Amounts up to $2MM
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No Mortgage Insurance
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Unlimited LTV/CLTV on IRRRLs
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Custom Loan Terms Available