Current low interest rates and VA purchase loans are a winning combination to help you buy a home. VA loans offer great features such as no money down and credit scores as low as 550. Competitive rates and no mortgage insurance premiums may mean lower monthly payments than conventional loans.
-Option for no down payment or 100% gift funds
-No monthly mortgage insurance premium
-Debt to income ratios up to 60%
-Credit scores as low as 550
-Lender rebates available up to 3% of loan size for closing costs
-Variety of fixed and adjustable rate loan options available
-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.