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Why a VA HOME LOAN?
It's easy...Lower payments and $0 DOWN!!!
Find out why thousands of people are using their VA Loan benefit every single month. Allow us to help you lower your monthly payment, lower your interest rate and purchase a home with $0 down.
Purchase with $0 Down
A VA Loan is one of the only loan options that allow you to purchase a home with $0 down.
VA Loans also have easier qualification standards and can save you money each month by helping you qualify for a lower interest rate and lower monthly payments compared to a conventional loan.
| VA Loan Savings at Closing Based on Conventional Loan Requirements |
| Loan Amount |
5% Down |
10% Down |
20% Down |
| $150,000 |
$7,500 |
$15,000 |
$30,000 |
| $250,000 |
$12,500 |
$25,000 |
$50,000 |
| $350,000 |
$17,500 |
$35,000 |
$70,000 |
| $450,000 |
$22,500 |
$45,000 |
$90,000 |
Lower Monthly Payments
A VA Loan offers two benefits that can provide substantially lower monthly payments compared to a Conventional loan.
- Conventional loans require you to pay PMI, or private mortgage insurance, if you have less than a 20% down payment. However, PMI is not required on a VA Loan and will save you a significant amount each month.
- Interest rates are typically lower on a VA Loan compared to a conventional loan.
These reasons are also why so many people are opting to Refinance with a VA loan to get out of a Conventional loan.
Getting Qualified is Easier
The qualification guidelines are less stringent for VA Loans. Because the loan is backed by the government, banks have relaxed the often strict lending rules for VA Loan applicants making them easier to obtain.
Want to see what a VA Loan can do for you? There is no obligation and your credit will not be pulled. A VA Loan specialist will simply contact you to let you know what you qualify for.
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GET FREE INFORMATION FROM A VA LOAN SPECIALIST
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VA Approved Lender
