Qualifying for A VA Home Loan In Everett, WA

  • Thursday, March 15, 2012 9:32pm

There are many home loan options available for Everett, WA VA Home Buyers, but it can be most beneficial to explore your options in order to find the most appropriate loan for your situation.

VA loans, or Department of Veterans Affairs Home Loans, are a popular option for potential home buyers. VA loans are available for Public Health Service members, active duty military, reservists and veterans.

Everett VA Home Loans are appealing for many reasons. In the prior fiscal year, the government guaranteed over sixty three billion dollars on almost five hundred thousand loans. VA loan funds are attainable from most lending institutes. The biggest advantage is they require no down payment. Up to ninety one percent of borrowers choose not to put any money down. The government also sets limits the cost of originator fees, appraisal fees and closing costs. An additional advantage is VA loans do not require private mortgage insurance like conventional mortgages.

View full post from My Mortgage Guy Dan Keller

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