VA Mortgage Loans in San Carlos 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 both honorably discharged Vets and active duty military personnel. Here are some of the great features of this fantastic program: - 100% financing, no down payment 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 San Carlos California?
You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. An approved San Carlos California VA loan lender can order your COE for you, 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 San Carlos California 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.
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The pre-approval involves a credit check and supporting documentation such as paystubs and bank statements. 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. Your lender should prepare you for this, but nonetheless, don't confuse no down payment with meaning nothing 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 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 San Carlos 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/
View Chris Freck, MBA, CMPS (9,000+), NMLS# 241125's profile
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