Grandview TX VA Mortgage 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 both honorably discharged Vets and active duty military personnel.
Here are some of the main features of this great program:
- Up to 100% financing, with no down required.
- Monthly mortgage insurance is not tacked on to your payment.
- More lenient credit qualifying standards than other types of mortgage loans.
- Low rates compared to other loan programs.
Here's how to qualify for Grandview TX VA Mortgage Loans:
First of all, you must verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. An approved Texas VA loan lender can order your COE for you, or you can contact the VA to obtain a copy. You will need your DD214 if you are discharged.
The next step is to obtain pre-approval with an experienced Texas 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://legacyfinancial.com.
The pre-approval involves a credit check and supporting documentation such as paystubs and bank statements.
Even with no down payment required for VA Mortgage loans, it's important to know that there are VA closing costs involved in every transaction, which means there may be money due at closing. Don't confuse no down payment loans with meaning nothing is due at closing! Your VA lender should prepare you for how much is due at closing. Your lender can help you with ways to finance the closing costs if you don't have money available for closing.
Visit the Texas Regional VA Office Website to learn more about your VA Loan benefits: http://www.va.gov/directory/guide/state.asp?State=TX&dnum=ALL.
It is essential that you work with a local VA lender who understands all of the different aspects of VA Mortgage Loans. Our specialty for over 23 years have been Grandview TX VA Mortgage Loans and 100% VA Mortgage Loans and would be happy to answer any questions you may have. It doesn't cost a penny to call!