Wednesday, January 6, 2016 - Article by: Joe Metzler, MLO. NMLS #274132 - Cambria Mortgage -
Are US Military? Active or retired? Finance your home with a VA home Loan
Advantages for Military Homebuyers - The VA Loan has many advantages that make it one of the most appealing paths to homeownership -- and this great benefit is reserved exclusively to those who bravely served our country and select military spouses.When combined, the benefits of the VA mortgage allow service members and Veterans to take advantage of substantial cost savings under qualification requirements designed specifically for members of the military and their unique needs.
No Down Payment - The VA Home Mortgage is one of the only home loans available today with no down payment required.
First Time Home Buyer - No down payment and relaxed credit standards means loans from the VA Program are especially helpful for first-time homebuyers.
Easier to Qualify - The VA Loan Program provides homeownership opportunities for millions who wouldn't otherwise qualify for conventional financing.
Lower Payments - Competitive interest rates and no private mortgage insurance mean lower monthly payments.
VA Streamline Refinance - Already have a VA loan? You can use the VA streamline refinance loan to lower your payments. No appraisal needed, and reduced documentation
VA Cash Out Refinance - You can take cash out up to 100% of the value of your home for any reason whatsoever with a VA Loan.
Find out what you can do with a VA Home Loan from Minnesota based Mortgages Unlimited, proudly serving our military for homes in MN, WI, and SD. Visit us at www.VA-IRRRL-Loan-MN.com
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