• Veterans Affairs

  • One of our favorite loan programs because it gives us a chance to serve those who've served our Country. Also it's important to mention, the VA programs use some of the most flexible underwriting guidelines in the industry. 

     

    • Loan amounts exceeding VA County Loan Limits will require a down payment
    • Must be able to obtain a Certificate of Eligibility evidencing available entitlement.
    • Can still be on active duty
    • Bankruptcy and foreclosures do not necessarily eliminate veteran from qualifying– evidence that 2 years has passed is required on most VA loans. Subject to specific circumstances and requirements to consider less than 2 years passing.
    • No cash reserves required in most cases

    *A down payment is required if the borrower does not have full VA Entitlement, or if the loan amount is greater than county loan limits. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits.