VA Loans in Hilton Head Island SC
Hilton Head Island South Carolina VA Loan is the best loan program and loan payment 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.
- Monthly mortgage insurance is not tacked on to your payment.
- Compared to other types of mortgage loans, easier credit-qualifying requirements.
- Low fixed mortgage rates result in a low monthly payment.
How do you qualify for this loan program?
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 SC 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.
Next, you must 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. The pre-approval will involve a credit check and basic supporting documentation like paystubs and bank statements.
Learn more about your Hilton Head Island South Carolina VA Loan benefits by visiting this website: http://www.benefits.va.gov/columbia/
Even with no down payment required for VA Mortgage loans, it's important to know that there are VA closing costs involved in every transaction, which means there may be money due at closing. 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. Your lender can help you with ways to finance the closing costs if you don't have money available for closing.
We could not stress enough the importance of working with a local lender who understands the unique aspects of VA Mortgage Loans. For a Hilton Head Island South Carolina VA Loan or surrounding areas, please contact Randy Shamburger, Senior Mortgage Lender at 843-608-0807 or visit http://www.mynewloanapplication.com. Randy is licensed to originate loans all over the state of South Carolina."
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