Here are some of the great features of this fantasticPROGRAM:
- Up to 100% FINANCING, with no down required.
So how do you qualify for El Paso 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 lendertoORDER your COE quickly, or you can contact the VA to obtain a copy. If discharged, you will need your DD214.
Although there is no down payment required for VA MortgageLOANS, 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! Your lender 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 HomeLOAN 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 localLENDER who understands the unique aspects of VA MORTGAGELOANS. Our specialty for more than 25 years have been El Paso TX VA Loans and 100% VA MortgageLOANS and would be happy to answer any questions you may have. It doesn't cost a penny to call!