VA Mortgage Loans in Los Gatos California and 100% Santa Clara County VA Loans - the best loan program in California! 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: - Up to 100% financing, with no down required. - No monthly mortgage insurance. - More lenient credit qualifying standards than other types of mortgage loans. - Low rates compared to other loan programs.
So how do you qualify for a VA Mortgage Loan in Los Gatos California?
The first step is to verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. An approved Los Gatos California VA loan lender can order your COE for you, or you can contact the VA to obtain a copy. Honorably discharged Vets will need their DD214. The next step is to get pre-approved with an experienced 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. Give us a call now for more information.
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 Los Gatos California VA Office Website or in person.
It is very important that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in VA Mortgage Loans in Los Gatos California 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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