GOOD NEWS VETERANS!

I ran across this information today.  In response to the U.S. financial crisis, the Department of Veterans Affairs (VA) has decided to guarantee subprime loans for Veterans.  For Veterans who wish to refinance they can now do so for up to 100 percent of the value of their property.  Also, this 100% refinance option also applies to standard loans - which had previously been capped at 90% of the property value.  They have also raised the maximum loan amount for this refinancing from $144,000 to $729,750, depending on where the property is located.  For more information, contact the VA at 1-877-827-3702 or visit VA's Loan Guaranty website. Go here to learn more about the VA mortage options.

 
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2 Comments on VA Helps With Subprime Loans

NOV
18
2008
258,319 Points 44 Featured Posts Outside Blog

Bethany, I was wondering if VA was going to help out those who need it.  So many people are having trouble and this is indeed good news.
6:00am • #1
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I was glad to see it too.  I hope word gets around about the program.  thanks for your comment.
6:02am • #2

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Bethany Little

Navarre, FL

More about me…

Whitworth Builders Realty, Inc.

Address: 105 Auburn Road, Fort Walton Beach, FL, 32547

Office Phone: (850) 939-8018

Cell Phone: (850) 543-8617

Email Me

My blog is a venue for me to discuss New Construction, the real estate market and other issues facing homeowners in Niceville, Florida; Destin, Florida; Fort Walton Beach, Florida; Crestview, Florida: and Navarre, Florida. It is also a means for me to interact with others who are associated with my profession, and to draw upon that collective knowledge to help further my own growth as a Realtor.


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