The Pink House Team At Keller Williams Realty Helped Another Veteran Into His New Home

By
Real Estate Agent with The Pamela Madore Group 573760

The Pink House Team assisted another Veteran in using his VA Home Loan benefits to buy a house. The Veterans Administration has a special program for Veterans when buying a house. One of the most attractive benefits is that VA requires no down payment.

Pamela Madore of the Pink House Team says, "We really love to help Veterans. They served our country risking their lives and I think that often we as a country forget that. Anytime we have the privilege of working with a Veteran we feel that that is our little way of giving back."

According to FindTheData their are more than 12,000 veterans that live in Amarillo. The maximum VA loan limit in Potter/Randall Counties is $417,000. The two important documents have Veterans will need is their DD214, proof of military service, and their Certificate of Eligibility. Their Certificate of Eligibility (COE) shows that they have met all of the necessary guidelines to become eligible, such as length of time served.

VA Home Loans are guaranteed by the Federal Government at a 25% ratio. What that means is that if a Veteran becomes in default of their home loan, the lender is guaranteed 25% equity thus minimizing the risk for the lender.

"We have found that not all banks and lenders participate in the VA Home Loan program", says Madore. "Most times banks and lenders never even ask if the applicant is a Veteran. We always ask the question and encourage Veterans to take advantage of their benefits. In the case of our most recent Veteran to buy a home, he found us through some of our local advertising. We want to make sure that every Veteran in Amarillo knows that we are here to help."

With loan limits up to $417,000 this program is beneficial to higher end buyers, too.

If you would like more information about VA loans contact Pamela Madore at 806-290-1920 or email at pam@pinkhouseteam.com

Visit Our VA Site

Posted by

 
 
Pamela Madore
 
Pamela Madore
The Pamela Madore Group 
Keller Williams RealtyAmarillo
3955 S. Soncy
Amarillo, TX 79119

806-290-1920 Cell
pammadore@kw.com 
http://pamelamadore.com
 
 
 
 
 
 
 
 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Texas Randall County Amarillo
Tags:
keller williams realty
pink house team
veteran home loan benefits

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
731,473
Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Good Morning and congrats to you all,  keep up the good work and good luck with your sales, E

Nov 08, 2013 10:59 PM #1
Rainmaker
1,520,561
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Pamela, it is commendable that your focus is on helping those who have given us so much. And this applies to not just disabled veterans, but ALL veterans. They work in extreme circumstances for very little pay back!

Nov 08, 2013 11:30 PM #2
Rainmaker
215,269
Pamela Madore
The Pamela Madore Group - Amarillo, TX
Team Work Makes The Dream Work

It really is an honor.  No one here pays much attention to helping them with home loans.  Any suggestions on how I can get the word out better?

Nov 10, 2013 09:29 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
215,269

Pamela Madore

Team Work Makes The Dream Work
Want more information? Email me!
*
*
*
*
Spam prevention

Additional Information