VA Mortgage Loans in Elizabeth CO and 100% Elizabeth CO VA Loans - the best loan program in Colorado! 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 great features of this fantastic program:
- Zero Down Payment, 100% financing.
- No monthly mortgage insurance.
- More lenient credit qualifying standards than other types of mortgage loans.
- Low rates compared to other loan programs.
How do you know if you qualify for a VA Mortgage Loan in Elizabeth CO?
First of all, you must verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Colorado VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain a copy. Honorably discharged Vets will need their DD214. Next, you must get pre-approved with an experienced VA lender. It is very important that you contact a lender who knows the VA Mortgage Loan program and all of the important differences compared to other mortgage programs.
Get pre-approved here: http://ecoloradovaloan.com/colorado-va-loan-pre-approval/
To get pre-approved your credit will be checked and basic supporting documentation like bank statements and W2s are required. Even though no down payment is required for VA Mortgage loans, don't forget that there are VA closing costs involved in every transaction. You should be prepared for all of this by your lender, 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. You can find out more about your VA Home Loan benefits by visiting the Denver Regional VA Office Website or in person: http://www.benefits.va.gov/denver/
It is very important 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 Elizabeth 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 303-670-0137or visit our va website at http://www.ecoloradovaloan.com.
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