VA Purchase - 100% Financing with No Downpayment

Mortgage and Lending with E Mortgage Management NMLS ID # 214834

VA loans are often made without any down payment at all. Aside from the veteran's certificate of eligibility and the fact that the appraiser is assigned by VA, the application process is not much different than any other type of mortgage loan.

E Mortgage Management is approved for automatic processing and a buyer's loan can be processed and closed by the lender without waiting for VA's approval of the credit application or for VA to review the appraisal. E Mortgage Management is able to use VA recognized automated underwriting systems, such as Loan Prospector and Desktop Underwriter, to facilitate the underwriting process.




1. Apply with E Mortgage Management for the loan prequalification


2. Apply for a Certificate of Eligibility (This is done by the lender)


3. Decide on a home to buy and sign a purchase agreement


4. Order an appraisal from VA. (This is done by the lender.)


5. Close the loan and move in.


Please click on my personal website for more information or contact me @ 813-517-0799 for more information or to assist you in getting started on your home purchase.

Jason R Hands
E Mortgage Management
13503 W Linebaugh Avenue, Suite 102
Tampa, FL 33626
813-517-0799 - Direct
813-385-1109 - Mobile
813-377-2905 - Fax  

NMLS Originator ID: 214834 FL # LO562

Comments (3)

Robert Smith
Preview Properties, PC - - Brighton, MI
SRES, Search for Homes Brighton-Howell-SE Michigan

VA loans are great for those that can use them.  Some lenders don't really have much experience with them, however.

Apr 12, 2015 12:18 AM
Fred Cope
Reliant Realty in Nashville, TN - Nashville, TN
Looking For Homes With A Smile

Jason, you have laid out the basic steps for a Veteran to utilize VA Guaranty financing.   This is one of the most useful and valuable programs available through our Federal Government.  It is NOT a handout, it is NOT a freebie, but it IS an earned benefit to those (1) with honorable US Military Service, and (2) who qualify based on their Residual Income, Satisfactory Credit, and their Debt to Income Ratio.  It is an HONOR to serve our Nation, and it is with HONOR that we make our monthly mortgage payments.  


May you always work with & honor those who become your applicants as US Veterans.  Much success will follow.

R. Fred Cope,

US Air Force veteran, and retired mortgage loan officer veteran.

Apr 12, 2015 12:44 AM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA

Jason, great explanation on the VA Loans process. Veterans deserve and can use these benefits. 

Apr 12, 2015 01:58 AM