Here are some of the great features of this fantastic PROGRAM:
- Up to 100% FINANCING, with no down required.
- No monthly MORTGAGE INSURANCE.
So how do you qualify for Palestine TX VA 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.
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 YOURlender, but nonetheless, don't confuse no DOWN PAYMENT with meaning nothing is due at closing! Yourlender 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 more than 25 years have been Palestine TX VA 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!