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.
One of the only 100% LTV programs around. No down payment required!*
Loan amounts above $453,100 require a down payment
Must have DD214 with honorable discharge
Can still be active duty
Must be owner occupied
Bankruptcy and foreclosures do not necessarily eliminate veteran from qualifying– looking for 2 years in most cases, but can make exceptions!
No cash reserves required
*A down payment is required if the borrower does not have full VA Entitlement, or if the loan amount is greater than $453,100. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits.
Greg Sandler - The Mortgage Banker With The Experience You Can Depend On