VA Mortgage Loans in Waco Texas and 100% financing on VA Loans - the best loan program and loan payment 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 main features of this great program:
- Up to 100% financing, with no down required.
- No monthly mortgage insurance.
- Compared to other types of mortgage loans, easier credit-qualifying requirements.
- Low fixed mortgage rates result in a low monthly payment.
How do you know if you qualify for Waco Texas VA Loans?
You must first verify your eligibility. Eligibility is verified 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. 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.
Get pre-approved here: http://legacyfinancial.com.
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 closing. Your lender can help you with these options.
Learn more about your VA Home Loan benefits by visiting the Texas Regional VA Office Website: http://www.va.gov/directory/guide/state.asp?STATE=TX.
It is critical that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in Waco Texas VA Loans and 100% VA Mortgage Loans for over 23 years and would be happy to answer any questions you may have. It doesn't cost a penny to call!
Call 817-860-3232 and ask for Joy Bates, email Joy: joybates@leader1.com, or visit http://legacyfinancial.com.
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