VA Home Loans
For military service members and veterans seeking the dream of homeownership, the VA Loan stands as a powerful resource provided by the Department of Veterans Affairs. This unique benefit offers a path to home ownership with the added advantage of low or zero down payment options. VA Loans are versatile, offering both Fixed Rate and Adjustable Rate mortgages to suit individual preferences.
Why choose an VA loan?
VA Loans offer the unique advantages to eligible military service members and veterans.
Zero or Low Down Payment
Flexible Loan Terms
VA Streamline Refinance
Exclusive Access for Veterans
No Monthly Private Mortgage Insurance
Adjustable Rate Mortgage (ARM) Options
Jumbo VA Loans
Early Repayment Flexibility
Key Features of VA Loans
One of the standout features of VA Loans is the ability to finance 100% of the home's purchase price, eliminating the need for a down payment. However, qualification criteria still apply, with lenders assessing creditworthiness and the ability to meet mortgage obligations. While a troubling financial position may necessitate paying down debt or saving up, the absence of a mandatory down payment opens doors to homeownership for those who have served.
Navigating the VA Loan Process
The VA Loan process is similar to traditional home buying, with buyers making offers and getting approval. The key difference is the Department of Veterans Affairs' requirement for homes to meet habitability standards, including a thorough inspection and appraisal. Potential repairs may cause delays but don't necessarily prevent the use of a VA loan, showing the commitment to ensuring veterans invest in quality homes.
Unlocking Homeownership for Veterans
Start your homeownership journey with VA Home Loans from Preston Hollow Financial Services Inc. For military members and veterans, this resource, backed by the Department of Veterans Affairs, offers benefits like zero or low down payments, loan terms, and refinancing options. Our commitment to simplifying the lending process and honoring those who have served shines through in our VA Loan offerings. Contact us today to explore how we can help you achieve homeownership.
