VA Loans in Anderson SC
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 great features of this fantastic program:
- 100% financing, no down payment required.
- No monthly mortgage insurance.
- Compared to other types of mortgage loans, easier credit-qualifying requirements.
- Low fixed mortgage rates result in a low monthly payment.
So how do you qualify for a VA Mortgage Loan?
First of all, you must verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. A SC VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain a copy. Honorably discharged Vets will need their DD214.
The next step is to obtain pre-approval with an experienced Anderson SC VA lender.
It is very important that you contact a lender who knows Anderson South Carolina VA Loan program and all of the important differences compared to other mortgage programs.
Find out more by checking the link below, there are tons of information about this loan program there: http://www.benefits.va.gov/columbia/
The pre-approval involves a credit check and supporting documentation such as pay stubs and bank statements.
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. Your lender should prepare you for this, 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.
For an Anderson South Carolina VA Loan or surrounding areas, please contact Randy Shamburger, Senior Mortgage Lender at 864-214-7570 or visit http://www.mynewloanapplication.com as Randy is licensed to originate loans all over the state of South Carolina." Remember, working with a local lender who understands the unique aspects of VA Mortgage Loans is absolutely critical.
Have a Big day,
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