Richmond Texas VA Loans with 100% financing on VA Loans - the best loan program and loan payment in the country!
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 main features of this great program:
- 100% financing, no down payment required.
- No monthly mortgage insurance added to your payment.
- More lenient credit qualifying standards than other types of mortgage loans
- Low rates compared to other loan programs.
Here's how to qualify for Richmond Texas VA Loans:
You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. An approved Texas VA loan lender can order your COE for you, or you can contact the VA to obtain a copy. You will need your DD214 if you are discharged.
Next, you must get pre-approved with an experienced VA lender.
It is essential that you contact a lender who knows the VA Mortgage Loan program and all of the differences compared to other loan programs.
Here is a link to our fast and easy pre-approval form: http://legacyfinancial.com
The pre-approval will involve a credit check and basic supporting documentation like paystubs and bank statements.
Even though no down payment is required for VA Mortgage loans, don't forget that there are VA closing costs involved in every transaction. Your lender should prepare you for this, but nonetheless, don't confuse no down payment with meaning nothing is due at closing! There are ways to finance the closing costs if you don't have money available for closing. Your lender can help you with these options.
Visit the Texas Regional VA Office Locations Website to learn more about your VA Loan benefits
It is essential that you work with a local VA lender who understands all of the different aspects of VA Mortgage Loans. We have specialized in Richmond Texas VA Loans with 100% VA Mortgage Loans for more than 23 years and would be happy to answer any questions you may have. It doesn't cost a penny to call!