Military Relocation

Benefits of VA Home Loan
No down payment as long as the sale price does not exceed appraised value Loan-to-value ration of 100 percent No private mortgage insurance Limits on closing costs, which may be paid by the seller No penalty for early payoff Loan is assumable by another qualified veteran borrower May apply for a new loan two years or sooner after bankruptcy

Steps in the VA Home Loan Process

  • Select a VA-approved Lender. …
  • Obtain a Certificate of Eligibility (COE) …
  • Pre-Qualify for Your Loan Amount (optional) …
  • Go House Hunting and Sign a Purchase Agreement. …
  • Lender Processes Application and Orders VA Appraisal.
  • Close on your loan and move in