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VA Loans
The United States Department of Veterans Affairs established the VA mortgage loan program to help veterans and their families obtain home financing. VA loans offer up to 100% financing on the home’s value.
Requirements for a VA loan
- VA Standard loan amounts (up to $647,200)
- A minimum credit score of 580
- A maximum LTV up to 100%
- No monthly MI – one-time funding fee at closing
- 1-4 unit primary residence
- Fixed rate and adjustable-rate options; odd terms acceptable
- Maximum debt-to-income ratio of 43% for manually underwritten loans
- Funding fee permitted to be financed in whole or in part
Let us personally help you get the best mortgage rates
Get in touch with us:
[contact-form-7 id="26" title="General"]