VA Loans
VA Loans
Affordable Home Financing. This is a Veterans Administration (VA) insured loan available to Veterans of the Armed Forces. It allows for 103% financing, allowing a veteran to purchase a home with no money down and pay for closing expenses afterward. The VA charges an up-front funding fee (which can be financed into the loan) that varies based on whether or not it is the borrower’s first time getting a VA mortgage. This program is ideal for Veterans looking for the most cost-effective and affordable home loan financing.
- Loan Terms: 15 & 30 Year Loan
- Interest Rate Types: Purchase, Refinance
- Loan Types: Fixed, Adjustable
- Property Type: Primary Residence
Why Choose a Veterans Administration Home Loan?
- Available to eligible veterans only
- No down payment required
- VA up-front funding fee, but no monthly MI
- Allows for no cost, no qualifying “streamline” refinance
- Available for 30-year fixed-rate home loans only
- Subject to VA eligibility rules
Why We Chose a VA Loan
I moved across the country for a new job opportunity in Southern Utah. As I didn’t know any local lenders, my realtor recommended I use Becky for my VA loan. I am glad I did. She and her team kept me very informed and I felt like they were very organized. This helped take some off the load of for me during the big move. I would definitely recommend them to my family and friends!
-The Hicks Family
