VA Home Loans
VA loans are a type of mortgage that is available to veterans, active-duty military members, and eligible surviving spouses. These loans are guaranteed by the Department of Veterans Affairs (VA), which means lenders are protected in case the borrower defaults on the loan. VA loans typically offer more favorable terms and interest rates than conventional loans and do not require a down payment.
In addition, VA loans do not require mortgage insurance, which can save borrowers money on their monthly payments. VA loans have flexible credit requirements, which can help borrowers with less-than-perfect credit still qualify for a mortgage. Overall, VA loans provide a valuable benefit to those who have served our country and can make it easier for them to achieve the dream of homeownership.
VA Loan Characteristics
1) VA loans are available to eligible veterans, active-duty military members, and eligible surviving spouses.
2) These loans are guaranteed by the Department of Veterans Affairs, which means lenders are protected in case the borrower defaults on the loan
3) VA loans do not require a down payment, which can make it easier for borrowers to purchase a home
4) VA loans typically offer more favorable terms and interest rates compared to conventional loans
5) VA loans do not require mortgage insurance, which can save borrowers money on their monthly payments
6) VA loans have flexible credit requirements, which can help borrowers with less-than-perfect credit still qualify for a mortgage
7) VA loans can be used to purchase a variety of property types, including single-family homes, multi-unit properties, and condominiums
8) VA loans allow for options for refinancing, including streamline refinancing and cash-out refinancing, which can help borrowers lower their monthly mortgage payments or access equity in their home.
5) VA loans do not require mortgage insurance, which can save borrowers money on their monthly payments
6) VA loans have flexible credit requirements, which can help borrowers with less-than-perfect credit still qualify for a mortgage
7) VA loans can be used to purchase a variety of property types, including single-family homes, multi-unit properties, and condominiums
8) VA loans allow for options for refinancing, including streamline refinancing and cash-out refinancing, which can help borrowers lower their monthly mortgage payments or access equity in their home.
Client Review
"Extremely professional and diligent. We had several issues with the processing and Jeffery handled each one with lot of care and constantly communicated all the processes. Always available to answer any questions. We felt like a personal friend handling our case that is the level of service he brought to the table. Thank you Jeffery for the amazing experience and I hope to do more business with you and send in everyone I come across your way."
Ruben K.
"Jeffrey Singer was very professional and personable. I lost my dad this year and I am still recovering from a serious car accident. This is my first time every purchasing property so I had no clue about how this whole process worked. Jeffrey ensured I knew every step of this housing purchasing process. I asked a lot of questions and I had a great dear of fears and concerns that he elevated with sound and expert advise. He was very organized and paid attention to details of all the paperwork"
Rhonda F.
"Very good service."
— Atef A., Downey, California
Review originally published on Jeffrey Singer’s public mortgage review profile.
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Jeffrey Singer | Mortgage Loan Officer | NMLS #1390223
NEXA Lending | Corporate NMLS #1660690
This is not a commitment to lend or an offer to enter into an agreement. All loans are subject to credit, income, property and underwriting approval. Programs, rates and terms are subject to change without notice. Not all applicants will qualify.
Copyright ©2021 | The Singer Team
Licensed to Do Business in GA
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | NEXA Lending
Corporate | NMLS ID 1660690
Corporate Address : 5559 S Sossaman Rd, Bldg 1 Ste 101 Mesa, AZ 85212