A VA Purchase Loan offers competitive interest rates often without requiring a downpayment or private mortgage insurance.
The VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of their mission, they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.
Contact your lender for more information or e-mail me and I will provide you with a list of local mortgage professionals.
Katie Ingram, RealtorÂ®, CDPE, CFA
Keller Williams Realty
email@example.com / http://www.katieingram.com
* Serving Buyers & Sellers in South Florida since 1999
Realty One Group
There are loan programs that allow 100% financing, but on a purchase loan, there will most likely never be a scenario in which you bring $0 to the closing table. I would say that a good 95% of the loans that come across my desk have the borrower bringing at least 3.5% to the closing table. If you'd like to have a discussion about which loan programs you might want to consider, feel free to reach out to me at:
Real Estate 911 Inc Broker/Owner