You’ve Served Our Country, Now Let Us Serve You.
Village Mortgage has Loan Officers on staff that can walk you through the entire VA loan* process – making it even easier to get qualified for a home loan with fewer restrictions and little-to-no money down.
Do I Qualify for a VA Home Loan?
The Veterans Affair ("VA") Home Loan is a specific loan program designed to help veterans, active-duty service members, and their families purchase a home.
There are fewer restrictions imposed to qualify for a VA Home Loan compared with other loan programs, but a few stipulations still apply. To decide if you qualify for a VA Home Loan, ask yourself the following three questions:
- Are you a current or ex-military personnel, or the surviving spouse of one?
- Do you have no past record of loan defaults within the last 12 months?
- Have you not declared bankruptcy within the last two years?
If you answered "yes" to all three of these questions you likely qualify for a VA Home Loan. Contact one of our Loan Originators today to get started!
Advantages of a VA Home Loan
VA loans are fully backed by the government, and offer a variety of advantages for your home purchase or mortgage refinance. Check out the advantages of VA Home Loans:
No Money Down
With a VA Home Loan, you don't have to include a down payment if you can't afford to.
No Private Mortgage Insurance (PMI)
With a VA Home Loan you're not required to have PMI, saving you more money on your home loan.
With a VA Home Loan you're allowed a higher debt-to-income ratio and have more leniencies with your credit score.
With the VA Streamline Refinance Loan Program you are able to refinance your VA Home Loan to a lower rate with less funding fees than a typical refinance.
Contact one of our VA Loan experts at 800.685.5243 or apply online to get started.
* Village Mortgage Company is not affiliated with or acting on behalf of or at the direction of the VA or the Federal Government.