VA Mortgage Loan
Scottsdale VA Mortgage Loans
Many Veterans who live in Scottsdale know that the VA loan is a great way to finance your home for a number of different reasons. The most popular reasons that many Veterans mention when getting a VA loan include a) true 100% financing and 2) no monthly mortgage insurance.
While these are two great reasons, there are many other reasons that Veterans choose the VA loan program – whether or not that these benefits apply at the time that they get their loan.
Scottsdale VA Mortgage Loan Highlights:
- Up to 100% financing when buying a house
- No mortgage insurance required on VA mortgages
- VA mortgages don’t have a prepay penalty
- Closing costs can be rolled into the VA mortgage
- VA mortgages require that a one-time funding fee be paid at loan funding
Because interest rates go up and down over time, the VA has made it easy for Veterans who have a VA loan to refinance their loan when low rates are available – by refinancing using the VA streamline refinance. The VA streamline program (also known as the VA IRRRL program) is popular because it can be done with no out of pocket closing costs and is designed to help lower the overall mortgage payment.
VA Mortgage Experts in Scottsdale
We live here locally in the Scottsdale and Phoenix area and have years of experience helping Veterans choose the right VA loan financing package for their home. We are also able to close your VA loan in ten days with our guaranteed ten day close. To find out if you qualify for the best VA mortgage available, contact us now!
