Plano TX VA Mortgage Loans and 100% Plano TX VA Loans - the best loan program in Texas!
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 great features of this fantastic 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.
Here's how to qualify for Plano TX VA Mortgage Loans:
You must first verify your eligibility. You can verify eligibility 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. Honorably discharged Vets will need their DD214.
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: http://legacyfinancial.com.
The pre-approval will involve a credit check and basic supporting documentation like paystubs and bank statements.
Although there is no down payment required for VA Mortgage loans, it's important not to 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.
Visit the Texas Regional VA Office Website to learn more about your VA Loan benefits: http://www2.va.gov/directory/GUIDE/state.asp?dnum=ALL&STATE=TX.
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 Plano TX VA Mortgage Loans for over 24 years and would be honored to answer any questions you may have. It doesn't cost a penny to call!