VA Loans

A VA loan is designed to offer long-term financing to active service members, Veterans, and eligible surviving spouses.  As part of  the Veterans Administration to serve the Veteran they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

Apply for a VA Loan with a VA Qualified Lender, Vicky Kelly.

What is a VA Loan?

VA Loans are provided through the US Veterans Administration.

Benefits of a VA Loan

VA Loans have many benefits, including low or no down payments as well as a streamlined refinance process called an Interest Rate Reduction Refinance Loan.

An IRRRL can only be made to refinance a property on which you have already used your VA loan eligibility. It must be a VA to VA refinance, and it will reuse the entitlement you originally used.

  • No appraisal or credit underwriting package is required when applying for an IRRRL.
  • An IRRRL may be done with “no money out of pocket” by including all costs in the new loan or by making the new loan at an interest rate high enough to enable the lender to pay the costs.

VA Loan Limits

The amount you can receive 100% financing for a VA loan depends on where you live.

How Can I Get a VA Loan?

Call Vicky, today, and I will explain the process as well as all the awesome benefits you will receive.

And, many Thanks for your service to our great country!