VA LOANS
We are proud to serve America's Military.VA Loans are guaranteed by the U.S. Department of Veterans Affairs, which means we’re able to offer more favorable loan terms and flexible qualifying criteria to military homebuyers. By not exploring VA Loan options, military members and their families are missing out on benefits they’ve earned through their military service!
We are proud to serve those who serve!
All VA Loans are guaranteed by the U.S. Government through a VA Entitlement. This Entitlement makes it easier for you to qualify for a loan because it represents the amount that the government would pay to the lender if you were to default - it's like government-sponsored loan insurance that you get automatically for dedicating your service to our country. You can use it for refinancing your current mortgage or purchasing a new home.
VA Loans provide special (lifetime!) benefits to eligible service members and their families, including:
Service Requirements
Here are a few of the basic eligibility requirements as listed by the U.S. Department of Veterans Affairs. Below is an abbreviated version.
There are also VA loan programs for surviving spouses of a service member who died in the line of duty or from a service-related disability.
Income Requirements
The application process works similarly to a conventional home loan. Although the VA home loan program doesn’t have income maximums, your mortgage lender will review your personal income to determine what monthly payment you can afford.
Generally, lenders require 24 months of consecutive employment, preferably within the same company or industry.
Supporting documentation that you will need to provide includes:
Those that are self-employed must provide two years of business tax returns and a current Profit and Loss statement.
Contact one of our Loan Officers today to get started!