VA mortgages are an excellent loan option for qualified service personnel. With no down payment and no monthly mortgage insurance required, VA mortgages are a great benefit for those individuals who have served their country. Depending on your loan program needs, most if not all settlement charges can be financed. This may reduce cash out of pocket to almost nothing. Homestead Funding Corp. is proud to offer VA mortgage programs to our service men and women, veterans, and their families.
There are other benefits to VA mortgages which include the ability to use gift funds to cover closing costs and prepaid expenses. The program allows borrowers to purchase the following eligible properties: Single family homes, condos, planned unit developments (PUDs), townhomes and 2-4 unit owner-occupied homes. We also offer VA Streamline Refinance options for those who already have VA mortgages. If you think that you or someone you know may qualify for a VA mortgage, please see the eligibility chart here.
As a VA approved mortgage lender, Homestead Funding has helped thousands of families finance their dream homes. If you or someone you know could benefit from a VA mortgage, Homestead can help! Contact us today to learn more about this program!