Prosper TX VA Home Loans and 100% Prosper TX VA Loans - the best loan program in Texas!
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 highlights of this incredible program:
- Zero Down Payment, 100% financing.
- No monthly mortgage insurance added 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.
How do you know if you qualify for Prosper TX VA Home Loans?
You must first verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VA mortgage loan lender to order your COE quickly, or you can contact the VA to obtain a copy. You will need your DD214 if you are discharged.
The next step is to get pre-approved with an experienced VA lender.
It is essential that you contact a lender who knows the VA Mortgage Loan program and all of the differences compared to other loan programs.
Here is a link to our fast and easy pre-approval form: http://legacyfinancial.com.
The pre-approval involves a credit check and supporting documentation such as 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. 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. 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 Office Website or in person: http://www2.va.gov/directory/GUIDE/state.asp?dnum=ALL&STATE=TX.
It is very important that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in Prosper TX VA Home 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!