- 8:00AM-6:00PM Mon-Sun
Location
9323 Laguna Springs Dr Ste 110, Elk Grove, CA 95758
Call Us
Email Us
9323 Laguna Springs Dr Ste 110, Elk Grove, CA 95758
Veterans Administration (VA) loans are guaranteed by the U.S. Department of Veterans Affairs and are designed to provide housing assistance for armed services members, veterans and their families who are looking to purchase homes. The guarantee allows active duty military, veterans, service personnel, some members of the selected reserve and certain categories of spouses to obtain home loans with favorable terms, usually without a down payment.
VA loans are home mortgages backed by the Department of Veterans Affairs (VA). With a VA loan, eligible service members and veterans can buy a home with little or no down payment, or refinance an existing home to get cash out or a lower monthly payment.
As an approved lender for the VA Home Loan Guarantee Program, U.S. Bank can offer service members, veterans, and eligible surviving spouses favorable terms on all types of home mortgage products. And if you don’t meet the qualifications for a VA loan, FHA loans offer similar advantages, including lower down payment requirements.
A VA mortgage loan requires little or no money down at closing – a valuable benefit that’s unique to the VA home loan program.
Because the VA guarantees a portion of your loan, you won’t need to pay mortgage insurance premiums – a significant monthly savings.
VA loans were designed to offset common financial challenges faced by military families and veterans, and to simplify the approval process.
No Mortgage Insurance required
Limit on the amount of origination fees, appraisal fees and closing costs
No pre-payment penalties
To be eligible for a VA loan, you must be an active-duty or former member of the armed forces with at least:
Spouses of service members who died in the line of duty or as the result of a service-related disability.
You will need a Certificate of Eligibility from the VA to show that you meet these requirements. Your mortgage loan officer can help you obtain this certificate.
Owner-occupied properties only
VA mortgages are a popular option, but they’re not the only one. Contact a mortgage loan officer to find out which mortgage option may be the best fit for you.
Don’t let the complexities of securing a mortgage hold you back.
Anew Lending’s team of experts will guide you through the process with personalized consultation and a variety of loan programs to choose from.
With their commitment to honesty and integrity, you can trust that they’ll make home ownership in Sacramento accessible for you.
Take the first step towards your dream home today and schedule your consultation with Anew Lending!
9323 Laguna Springs Dr Ste 110, Elk Grove, CA 95758
Mon-Sun: 8:00AM-6:00PM
Mortgage Broker for Home Loans
306228
Web Design and Digital Marketing by Lead Nurture Close Marketing