VA Loans with 1st State Mortgage
For eligible veterans and active duty military personnel a VA mortgage loan can be a wonderful benefit to take advantage of. The Department of Veterans Affairs guarantees these loans, which can finance as much as 100% of the value of the property, ensuring low rates and easier qualification guidelines than with conventional loans.
Benefits of a VA Mortgage
In addition to the excellent VA mortgage rates, and no money down option there are a number of advantages to obtaining a VA home loan, such as:
- Many VA loans are assumable, meaning if you sell your home the new owners can take over your mortgage rather than applying for a new loan. This is extremely attractive to many buyers and will set your property apart from others for sale.
- Those with less than perfect credit can sometimes qualify for a VA home loan even if they would not qualify for most conventional loans.
- A VA mortgage can allow you to purchase a home with very little initial out of pocket expenses. Up to 100% of the property value can be financed, and so can the VA funding fee. Closing costs are permitted to be covered by gift funds or paid by the seller.
- If you already hold a VA mortgage and would like to take advantage of today's low VA mortgage rates a streamlined refinance can be considerably simpler, less time consuming, and less expensive than a conventional refinance. Request a quote now to see what the rates are today and what you could be saving.
Get started on a VA Mortgage Loan today
The Mortgage Consultants at 1st State Mortgage are experienced VA home loan experts. They can help you determine whether you are eligible and apply for your certificate of eligibility from the Department of Veterans Affairs. They can also let you know what the current loan limit is for the county in which you live or are looking for a home and walk you through the entire process. To get started click in less than 2 minutes click here or contact 1st State Mortgage at 833-838-7178 for a no-obligation VA home loan consultation.
Please note that while if a VA loan is not best for your situation, we’ll help you navigate the waters and find the loan the is best for you and your family.