VA Mortgage Loans in Moraga California 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 active duty and honorably discharged Veterans. Here are some of the great features of this fantastic program: - 100% financing, no down payment 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 Moraga California?
You must first verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. An approved Moraga 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. Next, you must 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 to learn more.
The pre-approval involves a credit check and supporting documentation such as paystubs and bank statements. Although there is no down payment required for VA Mortgage loans, it's important not to 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. There are ways to finance the closing costs if you don't have money available for this, and your lender can help you with these options. Learn more about your VA Home Loan benefits by visiting our Alameda office located at 1416 Park Ave. Alameda, California.
It is essential that you work with a local VA lender who understands all of the different aspects of VA Mortgage Loans. Our specialty for over 12 years have been VA Mortgage Loans in Moraga California 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 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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