McKinney TX VA Loans and 100% VA Loans - 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 great features of this fantastic program:
- Zero Down Payment, 100% financing.
- No monthly mortgage insurance.
- More lenient credit qualifying standards than other types of mortgage loans.
- Low rates compared to other loan programs.
How do you know if you qualify for McKinney TX VA Loans?
First of all, you must verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. A Texas VA loan lender can order your COE quickly for you, or you can go directly to 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 critical that you contact a lender who knows the VA Mortgage Loan program and all of the important differences compared to other loan programs.
Here is a link to our fast and easy pre-approval form: https://8630094672.secure-loancenter.com/webapp/start.aspx.
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 this, and your lender can help you with these options.
You can find out more about your VA Home Loan benefits by visiting the Texas Regional VA Locations Office Website or in person: http://www2.va.gov/directory/Guide/state.asp?STATE=TX&dnum=ALL.
It is very important that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in McKinney TX VA Loans and 100% VA Mortgage Loans for over 24 years and would be happy to answer any questions you may have. It doesn't cost a penny to call!