Are you a military veteran or presently serving in the military? You might be eligible for a VA Home Loan, a plan tailored to make owning a home convenient and budget-friendly for our service people.
VA Loans bring more than just exceedingly low-interest rates; they also present the perk of no monthly mortgage insurance premium, a feature not common in other government schemes. This positions VA loans as the most economical choice among all loan programs on offer.
A standout aspect of VA Loans is the absence of a mandatory down payment. The VA administers this scheme with 100% financing, furnishing you the choice to decide on making a down payment.
Embrace the privileges associated with being a military veteran or active duty service member. Explore the potential in VA Home Loans and secure a place to call your own.
Benefits of VA Home loans:
- Relish 100% financing, doing away with the requirement for a down payment.
- Benefit from low fixed rates and the liberty from pre-payment penalties.
- Bid adieu to monthly mortgage insurance premiums.
- Eligibility is vast and extends to almost every military personnel, with additional accessibility for widows to utilize their spouses’ eligibility.
- Experience nominal closing costs, making the loan scheme more manageable.
- VA loans are “assumable,” i.e., creditworthy buyers can take over the loan from non-veterans.
- Look into straightforward refinance opportunities in case of lower interest rates, offering flexibility and potential savings.
Start Your Journey to Obtain Your VA Certificate of Eligibility
Upon connecting with our expert loan consultants, the initiation of your journey toward a VA Loan encompasses acquiring your Certificate of Eligibility (COE). Whether you apply online, in person, or through our assistance, we streamline the process for you. Take the preliminary step now and click here for a gratis consultation.
How to obtain your Certificate of Eligibility (COE):
- Let First World Mortgage get your COE for you! It’s FREE and usually only takes 24 hours to receive your certificate from the VA! This is the fastest and easiest way to obtain your certificate for a VA home loan.
- Apply online at the eBenefits website: https://www.ebenefits.va.gov/ebenefits-portal/ebenefits.portal
- Go to your local regional offices to apply in person.
VA Eligibility Chart