Kansas City MO VA Loans and 100% VA Loans - the best loan program 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 main features of this great program:
- 100% financing, no down payment required.
- Monthly mortgage insurance is not tacked on to your payment.
- Easier credit qualifying compared to other types of mortgage loans.
- VA Mortgage Rates are low compared to other types of home loans.
So how do you qualify for Kansas City MO VA Loans?
The first step is to verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Missouri VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain a copy. If discharged, you will need your DD214.
The next step is to obtain pre-approval with an experienced Missouri 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: KC Loan Tips Pre-approval.
The pre-approval will involve a credit check and basic supporting documentation like 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 closing. Your lender can help you with these options.
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 100% VA Mortgage Loans and Kansas City MO VA Loans for over 23 years and would be honored to answer any questions you may have. It doesn't cost a penny to call!
Call The Darren Copeland Mortgage Team at 816-268-4025, email us: darrencopeland@kcloantips.com, or visit KC Loan Tips
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