VA Mortgage Loans in Carbondale CO 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 main features of this great program:
- Up to 100% financing, with no down required.
- Monthly mortgage insurance is not tacked on 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. How do you know if you qualify for a VA Mortgage Loan in Carbondale CO? 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.
Next, you must get pre-approved with an experienced VA lender. It is very important that you contact a lender who knows the VA Mortgage Loan program and all of the important differences compared to other mortgage programs. You can find our pre-approval form 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.
You should be prepared for all of this by your lender, but nonetheless, don't confuse no down payment with meaning nothing is due at closing! Your lender can help you with ways to finance the closing costs if you don't have money available for closing. 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 Carbondale 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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