The VA Loan provides veterans with a federally guaranteed home loan which requires no down payment. This program was designed to provide housing and assistance for veterans and their families.
The Veterans Administration provides insurance to lenders in the case that you default on a loan. Because the mortgage is guaranteed, lenders will offer a lower interest rate and terms than a conventional home loan. VA home loans are available in all 50 states. A VA loan may also have reduced closing costs and no prepayment penalties.
Additionally there are services that may be offered to veterans in danger of defaulting on their loans. VA home loans are available to military personal that have either served 181 days during peacetime, 90 days during war, or a spouse of serviceman either killed or missing in action.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 1697022
www.nmlsconsumeraccess.org
4600 Washington Ave. Suite #107
EVANSVILLE, Indiana 47714
Phone: (812) 401-0660
tyler@trhmortgage.com
Powered By LenderHomePage.com