VA Mortgage Loans: Important Things About Veterans Benefits You Must Know

Before you can apply for a VA loan, you must prove you are eligible. Applicants must get a Certificate of Eligibility (COE). eligible service members, veterans and spouse must meet one of the.

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If you are ready to buy a home, CalVet Home Loans is here to meet our veterans’ home financing needs. You will find the CalVet Home Loan is a true benefit with features that will save you money, simplify the lending process, and help you protect your investment.

According to the VA, “Your length of service or service commitment, duty status and character of service determine your eligibility for specific home loan benefits". VA mortgage borrowers must have good credit, income sufficient to cover the cost of their monthly mortgage payments and.

Here are a few things you can do to make sure. And don’t just know the basics of the VA Loan – become a stark raving fan of this valuable benefit that allows service members and veterans the.

VA surveys show about 1-in-3 homebuying veterans didn’t know the VA loan program existed. VA loans are leaders in foreclosure avoidance. According to a survey by the Mortgage Bankers Association, VA loans have been the safest lending product on the market for most of the last eight years, even with no down payment requirement.

Reservists and national guard members are entitled to the same VA loan benefits as those in regular military service, with slight exception. It’s important to help. The main difference for.

For a conventional mortgage (one that’s backed by Fannie Mae or Freddie Mac), you can get a loan with as little as 3% down. FHA mortgages can be had with 3.5% down. And if you qualify for a VA or USDA.

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Although some veterans know of VA loans and their advantages, some may not. Help them understand the benefits! Here are six things you – and your clients – should know about VA loans.

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Texas Vet & VA Loan Specialist Shirley Mueller. Since 2003 Shirley has originated well over 1500 Texas Veteran and VA Loans. She has helped Veterans in almost every possible circumstance including active duty personnel deployed overseas, returning home, with PCS orders, as well as separated and retiring Veterans.Read More

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