Buyer's guide

Learn How To Maximize Your Financial Opportunity Utilizing VA Home Loans

There are several benefits to a VA home financing. There are zero down payments. There are no VA loan limits. Plus, there is no private mortgage insurance. Conventional loans require PMI on loans over 80% of the appraised value. VA loans offer aggressive 30 year fixed interest rates that is not credit score sensitive. The VA loan is also easier to qualify for because the loan isn't as sensitive as other loan types.

It is streamlined to refinance quickly from one VA loan to easily high debt-to-income ratio. There is also a cash-out refinance offer available.

If you plan on financing, the Department of Veterans Affairs has residual income guidelines that ensure borrowers can afford the loan and determine how much money a Veteran must have left over after all debts and living expenses are considered. Plus, there is no minimum credit score requirement. Instead, the VA requires a lender to review the entire loan profile.

At Heroes And Home Ownership, we will obtain a certificate of eligibility to prove entitlement. We can guide you through the loan process and guide your family toward the best one that fits your needs.

Our Buyer's Guide is available in digital and physical copies.