VA loans are a fantastic mortgage option for our country’s veterans. The VA works hard to help our veterans obtain homeownership. VA loans are only available for a home you live in as your primary residence.
Features Of VA Loans:
- VA loans allow up to 100% financing and NO private mortgage insurance (PMI)
- Very flexible lending terms typically allow for easy approvals
- Current VA loans can be refinanced to a lower interest rate with a simple process – income and assets are not required when refinancing from a current VA loan to a new VA loan