VA Mortgage Loans Katy Texas | Katy TX VA Loans
VA Mortgage Loans in Katy Texas and 100% financing on VA Loans - the best loan program and loan payment in the country!
http://activerain.com/blogsview/3746437/katy-tx-va-mortgage-rates-l-va-loan-rates-in-katy
VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel.
Here are some of the main features of this great program:
- 100% financing, no down payment required.
- Monthly mortgage insurance is not tacked on to your payment.
- More lenient credit qualifying standards than other types of mortgage loans.
- Low rates compared to other loan programs.
How do you know if you qualify for a VA Mortgage Loan in Katy TX?
First of all, you must verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VA mortgage loan lender to order your COE quickly, or you can contact the VA to obtain a copy. If discharged, you will need your DD214.
The next step is to obtain pre-approval with an experienced Texas VA lender. It is critical that you contact a lender who knows the VA Mortgage Loan program and all of the important differences compared to other loan programs.
Get pre-approved here: https://secure.mortgagewebsuccess.com/application/?SiteId=2707bb to get pre-approved your credit will be checked and basic supporting documentation like bank statements and W2s are required.
Even with no down payment required for VA Mortgage loans, it's important to know that there are VA closing costs involved in every transaction, which means there may be money due at closing.
You should be prepared for all of this by your lender, but nonetheless, don't confuse no down payment with meaning nothing is due at closing! Your lender can help you with ways to finance the closing costs if you don't have money available for closing.
Learn more about your VA Home Loan benefits by visiting the Katy TX Regional VA Office Website:http://www.vba.va.gov/ro/houston/index.htm
It is critical that you work with a local lender who understands the unique aspects of VA Mortgage Loans.
We have specialized in VA Mortgage Loans in Katy Texas and 100% VA Mortgage Loans for over 12 years and would be happy to answer any questions you may have.
It doesn't cost a penny to call! Call Richard L. Smith at 281-994-4240, richardsmith@leader1.com, or visit our website at http://www.texashomebuyingtips.com.
