VA Loans in Salt Lake City Utah
VA Loans in Salt Lake City, Utah If you are/were in the military or a surviving spouse and you're looking to finance your home in Salt Lake City, Utah, then VA Loans may be an option for you.
Here are the awesome benefits of using Veterans Affairs Loans (VA) in Salt Lake City, Utah:
- Down Payments are not required!
- Relaxed credit standards in comparison to other loans.
- Interest rates might be lower than you'd imagine because of competition.
All of these benefits are great, but you need to qualify for them!
Well, here's what you need to qualify: - A reasonable credit score.
- To meet certain service requirements (such as length of service/duty status).
- You need a sufficient amount of income.
- And a Certificate of Eligibility (COE).
Once the COE is completed, you give it to your lender, who looks over the COE and finds that you've been backed for a VA Loan. Where do you get a COE form? We can help you, or you can get a copy through Veterans Affairs. Do you want to know more about COEs or any aspect of VA Loans? Go to The US Department of Veteran Affairs.
A free online application can be found through our website that will get your home financing started.
However, the best way to really understand how to get a VA Loan is by talking with a local lender who has experience on all the little unique details involved when financing with VA Loans (and believe me, there are a lot of details).
Look no further than the Spencer Stott Lending Team. They have all the information you need and will help you finance your home. Call us for a free consultation at: 801-960-2111.