Prosper TX VA Loans and 100% VA Loans - the best loan program in the country!
Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today.
Here are some of the highlights of this incredible program:
- 100% financing, no down payment required.
- No monthly mortgage insurance added to your payment.
- Easier credit qualifying compared to other types of mortgage loans.
- VA Mortgage Rates are low compared to other types of home loans.
So how do you qualify for Prosper TX VA Loans?
The first step is to verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VA mortgage loan lender to order your COE quickly, or you can contact the VA to obtain a copy. Honorably discharged Vets will need their DD214.
The next step is to obtain pre-approval with an experienced Texas VA lender.
It is essential that you contact a lender who knows the VA Mortgage Loan program and all of the differences compared to other loan programs.
You can find our pre-approval form here: http://legacyfinancial.com
The pre-approval involves a credit check and supporting documentation such as paystubs and bank statements.
Although there is no down payment required for VA Mortgage loans, it's important not to forget that there are VA closing costs involved in every transaction. Your lender should prepare you for this, but nonetheless, don't confuse no down payment with meaning nothing is due at closing! There are ways to finance the closing costs if you don't have money available for closing. Your lender can help you with these options.
You can find out more about your VA Home Loan benefits by visiting the Texas Regional VA Office Website or in person: http://www2.va.gov/directory/guide/state.asp?State=TX
It is very important that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in Prosper TX VA Loans and 100% VA Mortgage Loans for over 20 years and would be happy to answer any questions you may have. It doesn't cost a penny to call!
Call our Senior Mortgage Banker, Joy Bates at 817-860-3232, send Joy and email: joy.bates@leader1.com, or visit our va website at http://legacyfinancial.com to pre-approved for a VA loan.
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