VA Mortgage Loans in Richmond CA and 100% VA Loans - the best loan program in the country! VA Mortgage Loans are one of the best mortgage loan programs available today for active duty and honorably discharged Veterans. Here are some of the main features of this great program: - Zero Down Payment, 100% financing. - 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.
Here's how to qualify for a VA Mortgage Loan in Richmond CA:
You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Richmond CA 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 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. Give us a call now.
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. Learn more about your VA Home Loan benefits by visiting the Contra Costa VA Office Website.
It is critical that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in VA Mortgage Loans in Richmond CA and 100% VA Mortgage Loans for over 12 years and would be happy to answer any questions you may have. It doesn't cost a penny to call! Call The Chris Freck Team at 510-463-1003, thechrisfreckteam@icitymortgage.com, or visit our va website at http://thechrisfreckteam.com/va-loans-landing-page/.
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