VA Mortgage Loans in Dillon Colorado and 100% financing on VA Loans - the best loan program and loan payment 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 highlights of this incredible program:
- 100% financing, no down payment required.
- No monthly mortgage insurance.
- Easier credit qualifying compared to other types of mortgage loans.
- VA Mortgage Rates are low compared to other types of home loans.
Here's how to qualify for a VA Mortgage Loan in Dillon Colorado:
The first step is to verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. An approved Colorado VA loan lender can order your COE for you, or you can contact the VA to obtain a copy. If discharged, you will need your DD214. The next step is to 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. 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 this, and your lender can help you with these options. Visit the Denver Regional VA Office Website to learn more about your VA Loan benefits: http://www.benefits.va.gov/denver/
It is essential that you work with a local VA lender who understands all of the different aspects of VA Mortgage Loans. We have specialized in VA Mortgage Loans in Dillon Colorado and 100% VA Mortgage Loans for over 12 years and would be happy 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.