Home Owner Benefits for Veterans

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Mortgage and Lending with The Mortgage Market of Delaware

Home Owner Benefits for Veterans

The Veterans Administration Home Loans are by far, the best home loans available. They do not require a down payment, the sellers can pay all of the closing costs, there is no monthly mortgage insurance, and current interest rates are under 4%.

If you are a Veteran and have a DD214 (eligibility) and have a home loan other than a VA home loan, you may be able to save money each month and over the remainder of your current loan with a refinance.

If you are a Veteran and have not purchased a home, you may be able to obtain a home with payments less than rent.  You have very little upfront cost and may be able to recoup the amount back at closing. The upfront funds would be for an earnest money deposit to put with your offer to buy a home.

Current VA home loan interest rates are 3.75% with a credit score of 680 and above and a home cost of $200,000. A monthly principal and interest payment based on these factors is $946.15. The home owners insurance and property taxes will be added to this figure to come up with the total monthly housing payment.

Home prices and interest rates are expected to rise gradually in the upcoming months. Why not check into your possibilities? It doesn’t cost anything to find out what you can do.

For more information, contact a trusted mortgage originator.

JoAnn Moore is a licensed mortgage loan originator and owns The Mortgage Market of Delaware in Georgetown, Delaware. Office 302.855.1306, Cell 302.236.1229. MMODJoAnn@aol.com

   

        

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Rainer
384,559
DEANNA EARLY - - ( NMLS # 268590 )
American National Bank & Trust - Smith Mountain Lake, VA
Highest Ranked Mortgage Loan Originator Virginia

Excellent advice from JoAnn Moore .   Even if you don't live in Delaware, these apply, including here in Virginia.   In any case, if you are a veteran, accept our sincere thanks for your service and come see us for a VA home loan.

Dec 08, 2015 04:40 AM #1
Rainmaker
446,008
JoAnn Moore
The Mortgage Market of Delaware - Georgetown, DE
Home Loans in Delaware

Thank you for the kind words, Deanna. 

Dec 08, 2015 06:05 AM #2
Rainmaker
2,887,617
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

JoAnn Moore Many Veterans can benefit from this very good home loan.

Dec 08, 2015 09:16 AM #3
Rainmaker
446,008
JoAnn Moore
The Mortgage Market of Delaware - Georgetown, DE
Home Loans in Delaware

John, I agree. So many Veterans don't even know about the VA home loan. And a lot of builders are partnered up with lenders that don't offer VA loans.

Dec 08, 2015 11:17 PM #4
Rainmaker
4,202,435
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

JoAnn, the VA loan is a smooth and easy one for our veterans, and closed two in the last couple of months. 

Dec 15, 2015 11:21 PM #5
Rainmaker
446,008
JoAnn Moore
The Mortgage Market of Delaware - Georgetown, DE
Home Loans in Delaware

Thank you Joan. Great to hear you have had two recent VA home loan closings. 

Dec 16, 2015 09:56 AM #6
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Rainmaker
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JoAnn Moore

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