VA Mortgage Loans in Kensington CA 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 highlights of this incredible program: - 100% financing, no down payment required. - Monthly mortgage insurance is not tacked on 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.
So how do you qualify for a VA Mortgage Loan in Kensington CA?
First of all, you must verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. A Kensington CA 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. Next, you must get pre-approved with an experienced 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.
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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. 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! 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. Learn more about your VA Home Loan benefits by visiting our Alameda office located at 1416 Park Ave. Alameda, California.
It is critical that you work with a local lender who understands the unique aspects of VA Mortgage Loans. We have specialized in VA Mortgage Loans in Kensington California and 100% VA Mortgage Loans for over 12 years and would be happy to answer any questions you may have. It doesn't cost a penny to call! Call The Chris Freck Team at 510-463-1003,email@example.com, or visit our va website at http://thechrisfreckteam.com/va-loans-landing-page/