VA Mortgage Loans in Brush CO and 100% VA Loans - the best loan program 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 main features of this great program:
- Up to 100% financing, with no down 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 Brush Colorado?
First of all, you must verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. You can work with an approved Colorado VA mortgage loan lender to order your COE quickly, or you can contact the VA to obtain a copy. Honorably discharged Vets will need their DD214.
The next step is to obtain pre-approval with an experienced Colorado 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. You can find our pre-approval form here: http://ecoloradovaloan.com/colorado-va-loan-pre-approval/
The pre-approval involves a credit check and supporting documentation such as paystubs and bank statements. Even though no down payment is required for VA Mortgage loans, don't forget that there are VA closing costs involved in every transaction. 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 closing. Your lender can help you with these options. Learn more about your VA Home Loan benefits by visiting the Denver Regional VA Office Website: http://www.benefits.va.gov/denver/
It is critical that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in 100% VA Mortgage Loans and VA Mortgage Loans in Brush Colorado for over 12 years and would be honored to answer any questions you may have.
It doesn't cost a penny to call! Call RJ Baxter at 303-670-0137 or visit our va website at http://www.ecoloradovaloan.com.