Who qualifies for a VA home loan? Veterans and active-duty members of the armed services are among those qualified for VA home loans. Other people who qualify for VA mortgages are National Guard members, reservists, and any qualified surviving spouse. For the latter, there may be different conditions based on the length of your/your spouse’s service.
VA Home Loan Pros and Cons Knowing VA loan pros and cons can help prepare you to make the best decision for your family when it comes time to buy that perfect home. You might also seek out a VA loan if you’re interested in building a new home or refinancing your home for cash or a lower rate. Whatever your reasons, there are perks that apply to all kinds of VA loans.
What are the VA loan limits? A VA loan limit is the maximum amount of money you can borrow with a VA mortgage before you must make a down payment. For those who have a full VA loan entitlement, there are no VA loan limits. This is one of the primary benefits of a VA loan.
VA Loans are backed by the VA. This makes them less risky for lenders to provide, which helps you unlock more competitive rates on your home loan. Better rates can help you save money.
With a VA loan you could qualify for up to 100% financing with no down payment when purchasing a home.
Working with a top-rated VA lender and closing your loan quickly are important. Experienced loan officers ensure that your loan gets the attention you need for faster closings that could save you time and money. Your Tools to homeownership As veterans ourselves, we understand your military life comes with unique challenges, and as mortgage bankers, we know what it takes to get you a VA home loan. So, let's work together and get it done! We have your back with our wide array of tools and experience. GetVAHomeLoans.com provides you with programs that can help you close on a home smoothly and fast, from wherever you are. 3 Express Loan Approval Program Focus on finding your home. With our Express Loan Approval Program (ELAP) you can be done with the whole process (minus the contract and appraisal) before finding your home. 5 Rate Protect (Lock & Shop) If you want to have today's rate, you can lock it before you even find a home with our Rate Protect (Lock & Shop) program. 4 Consumer Loans Our exclusive Consumer Loans are ideal if you need extra cash after you close on your home. Need new appliances? Want to make home improvements and upgrade your kitchen? With a Consumer Loan, the possibilities are endless!
As veterans ourselves, we understand your military life comes with unique challenges, and as mortgage bankers, we know what it takes to get you a VA home loan. So, let's work together and get it done! We have your back with our wide array of tools and experience. GetVAHomeLoans.com provides you with programs that can help you close on a home smoothly and fast, from wherever you are.
Focus on finding your home. With our Express Loan Approval Program (ELAP) you can be done with the whole process (minus the contract and appraisal) before finding your home.
If you want to have today's rate, you can lock it before you even find a home with our Rate Protect (Lock & Shop) program.
Our exclusive Consumer Loans are ideal if you need extra cash after you close on your home. Need new appliances? Want to make home improvements and upgrade your kitchen? With a Consumer Loan, the possibilities are endless!
Get fast, custom loan quotes to compare. Fill out our streamlined, 100% online loan application. Move through the approval process quickly and seamlessly. When you work with The Federal Savings Bank for your home loan or refinance, you can get your money and do what you want with it - usually in less than 30 days..
Becoming a homeowner all depends on finding the best possible loan scenario for your unique situation. We’re here to help you make that choice.
Want some financial wiggle room? Planning to upgrade your home? We’ll help you choose a refinance rate that saves you meaningful money. What you do with it is up to you.
As the potential homeowner, YOU hold all the power. Before signing your first loan offer, browse our rate comparisons to make sure you’re getting the best deal and the right-fit terms.
The team members were all patient, kind, knowledgeable and helpful. We also appreciated the many choices we were given along the way. Millissa Faulkne A Happy client
The team members were all patient, kind, knowledgeable and helpful. We also appreciated the many choices we were given along the way.
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