VA Mortgage
This page contains information on Veterans Administration Mortgages. Click for
information on Virginia mortgages.
The VA mortgage is available to Active Duty Military, Veterans
and Reservists. The VA
home loan program gives you the ability to buy with
no out of pocket cost. We are also able to
pay off some consumer debt with the loan program as well. The loan
maximum is $240,000 including the VA imposed Funding Fee. As the VA program
requires no mortgage insurance, monthly payments are frequently less than any
other no down payment loan. If you have
a high interest rate VA loan, there is a low cost Interest Rate Reduction
Loan (IRRL) program which allows you to refinance and lower your mortgage payment inexpensively.
I have included some specific qualification guidelines for VA loan
participation.
I have a page describing the VA IRRL (Interest Rate
Reduction Loan) program.
I have included information on the various VA
Funding Fees as well.
For more information on your entitlement, please see the VA Entitlement page.
I have provided a link to the Veterans Administration program
description and FAQs here.
I have included a page on how to calculate your qualification ratios
and on VA Mortgage credit requirements.
I have included a page on VA Loan documentation
requirements.
Be sure to visit the Mortgage
Library. I also have a Free report "Buying
your First Home" available by email.
As a Certified Mortgage
Planning Specialist, I offer an analysis of
your situation today can make suggestions on how small changes in how
your consumer and mortgage debt is structured today can have a life changing effect in the years
to come. Read more
about this free, no obligation service.
New! View
my
Wealthbuilder presentation and learn the safe way to manage your debt
and fund your retirement.
I hope the information on this page was useful to you. Please scroll down
to view my
Mortgage Market Guide. It is a weekly publication explaining the financial markets
from a consumer's perspective that is available on this website or by
email subscription. I have nearly 8,000 subscribers today and would be happy to have you as
well. Your email address will never be used
for any other purpose.
Prequalify for your VA
Mortgage.
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