Far and away, the most significant benefit of a VA loan
is the borrower's ability to purchase with no money down.
Apart from the government's UDSA's Rural Development home
loan and Fannie Mae's Home Path, it's all but impossible
to find a lending option today that provides borrowers
with 100 percent financing.
VA loans also come with less stringent underwriting standards and requirements than conventional loans. In fact, about 80 percent of VA borrowers could not have qualified for a conventional loan. These loans also come with no private mortgage insurance (PMI), a monthly expense that conventional borrowers are required to pay unless they put down at least 20 percent of the loan amount.
"Joel helped my wife and I obtain a home mortgage for the purchase of our home. From beginning to the end, he guided us through the process with true professionalism. Always, having a "can-do" attitude he made the dream of home ownership a reality. Joel is the best of the best when it comes to the mortgage industry and I would highly recommend him to anyone seeking a mortgage loan."
"Joel and Kerry were professional and great to work with. Would highly recommend them!"
"I felt that you and your staff were very efficient. I would definitely recommend your company."
"Knowledgeable, fast responses and not salesy."
"Kerry and Joel were professional and very informative. They were on top of everything; they would email, call and text me when things needed to be completed. Excellent, quick and efficient service that I would highly recommend!"