VA Homes loans are definitely the best type of loan available. The VA loans typically have lower interest rates than conventional mortgages, allow for higher debt-to-income ratios and lower credit scores, and they don’t require private mortgage insurance. “If you can qualify, the VA loan is the best program out there,” said Darren Ferlisi, a loan officer with Integrity Home Mortgage Corp. in Frederick, Md. The VA also promises lenders that they’ll repay 25% of a loan amount, up to $417,000 in most areas, if the loan defaults. VA loan limits in some very expensive regions of the country are considerably higher. marketwatch/story/why-more-soldiers-arent-using-va-loans-to-buy-a-home-2014-11-11 Facebook/JerrMorales Contact me if you are a veteran or know one interested in learning more. Call or text(310) 292-2590
Posted on: Mon, 08 Dec 2014 18:57:23 +0000
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