Veterans have the opportunity to buy a home or refinance their mortgage with what are unquestionably the best home loans available in America. The loan terms offered on VA loans compared to conventional mortgages or FHA loans are significantly better. How does a veteran or active duty military member take advantage of these special home loans? The first step is to get a free consultation and see what you can be approved for. You can call us or request a consultation by submitting the form on this page.
How Do You Qualify for a VA Loan?
The guidelines to qualify for a VA loan are straightforward. The VA has some basic requirements parameters in place that must be met in order for you to qualify for a VA loan. If you do not meet these requirements, do not let it discourage you from applying for a conventional or FHA loan. We are a direct lender and have flexible home loan programs that suit a variety of borrowers. Below are the requirements to be approved for a VA loan:
Any active duty military personnel or veterans who have served either:
Spouses of those who have died in either the line of duty or as a result of their service are also eligible for VA loans.
What Are Some of the Advantages of VA Home Loans?
There are a number of reasons that make VA loans better than all other home loan programs in the mortgage marketplace. A few of the most significant benefits of VA loans are:
Which VA Home Loan Programs Are Available in Colorado?
We offer financing for every VA loan program that exists. This includes first time home buyer loans (which are available to anyone buying a home for the very first time, or that has not had a VA loan in 3 years). We also have very competitive loan terms and interest rates for the VA IRRRL and the VA cash out refinance loan programs.