Great news for our U.S. Veterans - Affordable Home Mortgages!

By
Mortgage and Lending with Fairway Independent Mortgage Corp (Houston) NMLS #168854/#2289

Military SealsGreat News for our Veteran's Home Loans effective October 1, 2011. The VA Funding Fee is dropping! If you are a Veteran and looking to purchase a home in the Houston area and throughout the great State of Texas, now is the time to buy! 

Not only does a Veteran qualify for 100% mortgage financing with NO money down, effective October 1, 2011 the VA Funding Fee is dropping! Add to this that current interest rates are extremely favorable makes now the Time to Buy in Texas!

Currently, a first time Use of Entitlement for a Veteran on a purchase is 2.15% and will drop to 1.40%. The Subsequest Use of Entitlement is currently 3.3% and will drop to 2.8%.

If you are a Veteran and you are putting 5% down on a purchase, the first time Use of Entitlement is 1.5% but will be cut in half to 0.75%. The Subsequent Use will also be cut in half from current 1.5% to 0.75%.

If a Veteran is putting 10% down on a purchase, the first time Use of Entitlement along with the Subsequent Use of Entitlement is 1.25% and will drop to 0.50%!

This is great new for our U.S. Veterans. Fairway Mortgage in Houston is a VA approved residential mortgage Lender. We Underwrite and Fund all VA mortgage transactions to include both purchase and refinance residential mortgages.

Boot Campaign

Fairway Mortgage is also a proud sponsor of the Boot Campaign. We support our U.S. Troops and wounded warriors. The Motto of the Boot Campaign is "When they come back - We give back"! Get YOUR Boots On and please join in supporting our troops. Please visit the "link" to the Boot Campaign above. You will be glad you did!

If you are a Veteran looking to purchase a new home or refinance your existing home in the State of Texas and/or throughout the Houston area, please call the office of Fairway Mortgage at (713) 528-0333.

Posted by

James Ward is the Branch Manager and a Certified Mortgage Planning Specialist, CMPS® with Fairway Independent Mortgage Corp., a Mortgage Banking firm in Houston Texas; NMLS #168854. James has been in the Real Estate profession since 1988 and graduated from The Pennsylvania State University with a B.S. in Real Estate in 1988. James can be reached at (713) 528-0333 or via e-mail at jamesw@fairwaymc.com. Check us out on the web at www.fairway-homeloans.com.

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Topic:
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Location:
Texas
Groups:
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Texas Real Estate
Fort Bend County Real Estate
Austin Texas Realtors
The Woodlands Real Estate
Tags:
va mortgage
va home loan
veteran mortgage
veteran home purchase in houston texas
veteran refinance in texas

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Rainmaker
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Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

James:

Great post and good information. Happy to hear we are working to help our Vets.

Sep 16, 2011 04:42 AM #1
Rainer
27,348
James Ward
Fairway Independent Mortgage Corp (Houston) - Houston, TX
Certified Residential Mortgage Specialist Houston

Thank you Alan...glad to support our troops. They are a huge reason for our freedom!

Sep 16, 2011 11:25 AM #2
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Rainer
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James Ward

Certified Residential Mortgage Specialist Houston
For Free Residential Mortgage Approval in Houston Texas
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