Irving Texas VA Home Loans and 100% - the best loan program in Texas!
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:
- Up to 100% financing, with no down required.
- No monthly mortgage insurance.
- Easier credit qualifying compared to other types of mortgage loans.
- VA Mortgage Rates are low compared to other types of home loans.
So how do you qualify for Irving Texas VA Home Loans?
First of all, you must verify your eligibility. This is done 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. If discharged, you will need your DD214.
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.
To get pre-approved your credit will be checked and basic supporting documentation like bank statements and W2s are required.
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. You should be prepared for all of this by your lender, but nonetheless, don't confuse no down payment with meaning nothing 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.
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. Our specialty for over 24 years have been Irving Texas VA Home 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!