For current active duty, reservist and veterans to our military, the U.S. Department of Veterans Affairs offers home loans for borrowers looking to purchase a new primary residence, financing up to 100% of the sales price.
While the U.S. Department of Veterans Affairs does have a financed funding fee, which is waived in the event of a service related disability; government rates are normally far lower than similar conventional options creating an incredible opportunity for those who qualify.
The VA Purchase Loan requirements are:
- 4% Maximum Seller Concession
- 640 Middle Credit Score
- Bankruptcy (2 Years from Date of Discharge)
- Foreclosure (3 Years from Date of Discharge)
- No Reserve Requirement
Click here to learn more about our VA Streamline Refinance Programs.
Contact us to speak to one of our knowledgeable staff members or to receive more information on our mortgage loan products and services.
