When it comes to great loan ooprtunites, VA definitely seems to be the way to go for anyone who qualifies. Well, just when I thought it couldn't get any better, it did! VA loan limits have now increased to $625,500 effective now!
Here are just a few reasons why buyers choose to go VA:
- Generous loan limits (now $625,500)
- Zero-down loan options
- No private mortgage insurance payments (a BIG savings!)
- Fixed and Adjustable rate programs availalbe
- Flexible income, employment and savings requirements
And just in case you are curious about monthly payments, here are a few purchase scenarios to whet your appetite! (payments are principal & interest based on current rate of 5.25%)
- $200,000 purchase, 0-down, for only $1104/month!
- $300,000 purchase, 0-down, for only $1657/month!
- $400,000 purchase, 0-down, for only $2209/month!
Now is an amazing time to buy, so be sure to call or email me right away for the best information on your next dream home!
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