Richardson Texas VA Mortgage Loans with 100% financing on VA Loans - the best loan program in the country!
VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel.
Here are some of the highlights of this incredible program:
- 100% financing, no down payment required.
- Monthly mortgage insurance is not tacked on to your payment.
- Compared to other types of mortgage loans, easier credit-qualifying requirements.
- Low fixed mortgage rates result in a low monthly payment.
So how do you qualify for Richardson Texas VA Mortgage Loans?
You must first verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. A Texas VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain a copy. You will need your DD214 if you are discharged.
The next step is to obtain pre-approval with an experienced Texas 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://legacyfinancial.com
The pre-approval will involve a credit check and basic supporting documentation like paystubs and bank statements.
Even though no down payment is required for VA Mortgage loans, don't forget that there are VA closing costs involved in every transaction. 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. Your lender can help you with ways to finance the closing costs if you don't have money available for closing.
Learn more about your VA Home Loan benefits by visiting the Texs Regional VA Locations Office Website here: http://www1.va.gov/directory/Guide/state.asp?STATE=TX&dnum=ALL
It is critical that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in Richardson Texas VA Mortgage Loans and 100% VA Mortgage Loans for more than 20 years and we would be happy to answer any questions you may have. It doesn't cost a penny to call!
Please call Joy Bates at 817-860-3232, email her: joybates@leader1.com, or visit our website at http://legacyfinancial.com.
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