Warrensburg Missouri VA Loans and 100% VA Loans are the best loan program in the country!
Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today.
Here are some of the main features of this great program:
- 100% financing, no down payment required.
- No monthly mortgage insurance added to your payment.
- More lenient credit qualifying standards than other types of mortgage loans.
- Low rates compared to other loan programs.
So how do you qualify for Warrensburg Missouri VA Loans?
The first step is to verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. You can work with an approved Missouri VA mortgage loan lender to order your COE quickly, or you can contact 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 critical that you contact a lender who knows the VA Mortgage Loan program and all of the important differences compared to other loan programs.
You can find our pre-approval form here: http://www.leader1.com/darrencopeland.
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 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. Our specialty for over 23 years have been Warrensburg Missouri VA 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 us (816) 268-4025!