VA Mortgage Loans in Erie Colorado and 100% financing on VA Loans - the best loan program and loan payment in the country!
Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the great features of this fantastic program:
- Up to 100% financing, with no down required.
- No monthly mortgage insurance added to your payment.
- Compared to other types of mortgage loans, easier credit-qualifying requirements.
- Low fixed mortgage rates result in a low monthly payment.
So how do you qualify for a VA Mortgage Loan in Erie Colorado?
You must first verify your eligibility. Eligibility is verified 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 get pre-approved with an experienced VA lender. It is critical that you contact a lender who knows the VA Mortgage Loan program and all of the important differences compared to other loan programs. Here is a link to our fast and easy pre-approval form: http://ecoloradovaloan.com/colorado-va-loan-pre-approval/
The pre-approval involves a credit check and supporting documentation such as paystubs and bank statements. Although there is no down payment required for VA Mortgage loans, it's important not to 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 this, and 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 Erie 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.
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