VA Loans

VA Loan San DiegoFor veterans that have previously provided service to our country, VA loans offer a number of unique features unlike most traditional loans.

There are a variety of options for VA loans, some even coming with the option of no down payment.

 

VA Loan Features Include:

  • No down payment (unless otherwise required)
  • Competitive interest rates
  • VA funding fee is able to be financed
  • Often lower closing costs (or comparable to traditional loans)
  • No monthly private insurance payments
  • Loan features are assumable
  • No prepayment penalty
  • Ability to apply two years post bankruptcy (sooner than a traditional loan)
  • Default assistance to prevent foreclosure

As you can see, VA loans provide great advantages for veterans and military personnel.

Watch Maureen’s brief video explaining the basics of a VA loan: