It seems fitting that the best loan program in America is saved for those who’ve served in our armed forces. Here are some of the reasons you’ll love having us help you with your VA loan.
VA loans have the rare advantage of being a zero down loan. That means (just as it sounds) that you can finance the entire price of the home with your VA loan. Amazing! While other programs like FHA will allow you to put just 3.5% down, in California that can make a huge difference in what it costs to get into a home. For example, with an FHA loan, you would have to come up with $14,000 on a $400,000 home. With VA, no down payment is needed!
While you can shop around to see where you’ll find the best VA rates, there is no need to when you work with us. As mortgage bankers, we shop the rates for you, ensuring that you spend as little as possible.
No mortgage insurance which can save you hundreds of dollars every month.
A number of the fees that are charged on other loan types are not charged on VA loans. This can mean a tremendous reduction in closing costs.
A VA loan allows for the seller to cover all closing costs when negotiated in the contract.
PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.