We talked about VA loans being one of the most popular loans for our veterans. These loans have plenty going for them and the benefits are phenomenal.

 

No down-payment for these loans is very desirable and not having MI (Mortgage Insurance) makes them even better. VA loans tend to have great interest rates (usually better than Conventional loans) and have much easier qualification to go with that.

 

There are of course some restrictions for VA loans which we will talk more in next chapter but here are some of the highlights of VA loans:

 

·     100% financing.

·     No monthly MI.

·     If veteran is disabled and is qualifies for the disability, there will not be any up-front funding fee which could be up to 3.3% if it is multiple use of VA loan.

·     Great interest rates (fixed and ARM options).

 

Call or email us today to get qualified for your VA loan. You can click on the banner below to take our full online application.

 

 

 

               

 

 

 

 

 

VA home loans in Missouri---Chapter 1
12/06/2012
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I should say one of my favorite home financing options is VA loan with the $0 down option and no MI (Mortgage Insurance) they are superior to any other loan out there. VA Loans do offer very competitive interest rates as well and USA Mortgage in… more
But my lender can do it… why can't you?
10/16/2012
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I have heard this over and over from some of the agents "My lender can do it why can't you ". Even with the black and white kind of rules and guidelines in lending, there are still some niche programs and products that not everybody has… more
Refinancing my current loan, good idea?
10/09/2012
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We all have heard about what a good time is to refinance our current loans to a lower interest rate, but is this a good idea in all cases? There is more than just the interest rate to consider when refinancing or buying your home Choosing a… more
Mr. /Mrs. Broker, Tear down your walls!!
07/23/2012
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We all remember the days that a real estate broker was an insurance agent, financial advisor, Mortgage broker and a CPA all in same office and time. Today, things are a little bit different, consumer protection laws, conflict of interest and so… more
Watch out, It is a USDA loan…
07/16/2012
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USDA home loans have been popular in the last few years due to the crash of subprime market and the credit restrictions. USDA loans are one of the only loans beside VA loans that offer 100% financing and with their low monthly MI, it makes them… more
203K Renovation Loan
05/31/2012
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Are you considering doing a renovation you should consider using the 203K Renovation loan This loan is a form of FHA financing, allowing for refinance or purchase, this loan has all that FHA has to offer, plus allowing home buyers an… more
MHDC Loan First Time Home Buyer
05/22/2012
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MHDC which is also known as, Missouri Housing Development Commission, is a first time home buyer program, which is offered by the states. MHDC is a form of the FHA loan which does allow down-payment assistance. When considering a new home you… more
FHA Home Loan, is it the right loan for you?
05/17/2012
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FHA Home Loan could be the right loan program for you FHA is a government loan which has been around for several years. F HA requires just 3. 5% down-payment. Which means it will finance 96. 5% for your home loan. FHA will have a 1% up-front MI.. more
No Down-Payment with USDA Home Loans in Missouri
04/24/2012
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USDA loans are one of the few home loans which offer 100% financing. Missouri does have many different properties which are in USDA eligible locations USDA offers many different benefits besides the no down-payment option, lower MI.. more
 
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Reza Abadi

Columbia, MO

More about me…

USA Mortgage

Address: 33 E. Broadway Suite 290, Columbia , MO , 65203

Office Phone: (573) 234-6342

Cell Phone: (573) 864-5598

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