VA Mortgage Loans in Bayfield CO and 100% Bayfield CO VA Loans - the best loan program in Colorado!
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 great features of this fantastic program:
- Zero Down Payment, 100% financing.
- No monthly mortgage insurance added to your payment.
- More lenient credit qualifying standards than other types of mortgage loans.
- Low rates compared to other loan programs.
Here's how to qualify for a VA Mortgage Loan in Bayfield Colorado:
The first step is to verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Colorado VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain a copy. If discharged, you will need your DD214. The next step is to obtain pre-approval with an experienced Colorado 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. Get pre-approved here: http://ecoloradovaloan.com/colorado-va-loan-pre-approval/
To get pre-approved your credit will be checked and basic supporting documentation like bank statements and W2s are required. Even with no down payment required for VA Mortgage loans, it's important to know that there are VA closing costs involved in every transaction, which means there may be money due at closing.Don't confuse no down payment loans with meaning nothing is due at closing! Your VA lender should prepare you for how much is due at closing.
There are ways to finance the closing costs if you don't have money available for this, and your lender can help you with these options. You can find out more about your VA Home Loan benefits by visiting the Denver Regional VA Office Website or in person: http://www.benefits.va.gov/denver/
It is very important that you work with a local lender who understands the unique aspects of VA Mortgage Loans. Our specialty for over 12 years have been VA Mortgage Loans in Bayfield Colorado and 100% VA Mortgage Loans and would be happy to answer any questions you may have.
It doesn't cost a penny to call! Call RJ Baxter at 303-670-0137, or visit our va website at http://www.ecoloradovaloan.com.
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