I, myself, am a military brat. That's right, I said it and I am proud of it. Both my mother and father were members of the United States Air Force. In return for their service, they have received many benefits.
Among those benefits, veterans have special home mortgage loan programs through the VA. If you are a veteran of the United States military, first of all, let me say THANK YOU FOR YOUR SERVICE. Without our veterans and current service members protecting this country, we would not have the rights and privileges we all enjoy every day. So again, thank you.
Here Are Some Reasons Why Veterans Should Always Consider A VA Home Mortgage Loan
The Primary Benefits of a VA Home Loan include:
- 100% financing
- No monthly private mortgage insurance is required
- There is a limitation on buyers closing costs
- The loan is assumable, subject to VA approval of the assumer's credit
- 30 year fixed loan
- Seller can pay up to 4% of the veterans closing costs and even pay down your debt to help lower your debt-to-income ratio
- Interest rates are similar to FHA rates
- You don't need perfect credit
Did you know that more than 27 million veterans and service personnel are eligible for VA financing, yet most aren't even aware there are programs that make it possible for them to buy homes again or refinance with VA financing using their remaining or restored loan entitlement ?
A VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard and retired honorably discharged members of the United States armed forces.
There are VA mortgage programs with no down payment needed and with no monthly private mortgage insurance required. These programs can represent a considerable savings to eligible military veterans.
A VA home loan can be used to purchase a new home or to refinance your existing mortgage. As a Licensed Mortgage Loan Originator, I will explain and discuss with you the role the VA plays in your VA guaranteed mortgage.
I will go over the benefits of a VA home loan, who is eligible for a VA loan, and the VA documentation you will need to present when applying for your mortgage. Using my expertise to assist you, we can find the best program to fit your needs and get you a VA home mortgage loan within the guidelines.
In my 30 plus years in the mortgage industry, I have done a lot of VA home mortgage loans including while the service member was still deployed in the military. I have worked with spouses to get the deal done so when the service member returned "home", they truly had a home waiting for them.
If I may be of service to any veteran or currently serving member of the military, please contact me to assist with your . . . . .
Veteran's Home Mortgage Loans
At Smith Mountain Lake, Virginia
*****
Deanna Early is the # 1 ranked Mortgage Loan Originator in Franklin County, Virginia as scored by the ActiveRain real estate site. She is a Nationally Licensed Mortgage Loan Originator located near Smith Mountain Lake, Virginia. She does both purchase and refinance loans throughout the state of Virginia. She is a residential loan originator for American National Bank and Trust. She provides home mortgage loans, construction loans and lot loans as well as second or vacation home loans and investor financing.
Please visit her website at www.DeannaEarly.com and learn more in the Virginia Mortgage Blog.
You can contact her for your financing needs at (540) 721-2349 or by email at "earlyd@amnb.com"
The views expressed in this post are mine only and do not necessarily reflect the views of American National Bank and Trust Company. Any scenarios presented are for illustrative purposes only and are not intended to refer to or represent any actual or specific clients, negotiations or financial transactions.
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