VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan

WHO QUALIFIES??

● US Citizen

● Active or previously served on active duty in the Air Force, Army, Coast Guard, Navy, or Marines.

● Discharged or released from active duty under conditions other than dishonorable or

● Members of the Reserves and National Guard are eligible upon completion of 6 years of service;

● Surviving spouses of certain Veterans who were continuously rated for a service connected disability, but whose disability may not have been the cause of death are also eligible

LOAN DETAILS:

• NO DOWN PAYMENT REQUIRED ON PURCHASE TRANSACTIONS

• Cash Out up to 100% LTV

• DTI as high as 60%

• FICO from 560

• Loan Amounts up to $2MM

• No Mortgage Insurance

• Unlimited LTV/CLTV on IRRRLs

•  Custom Loan Terms Available

● Purchase Transaction (Buying a house)

● Cash-Out / Refinance