A VA loan makes home ownership more affordable for qualified U.S. veterans, thanks to no-money-down options and favorable terms. VA home loans are provided by lenders, and the VA guarantees a portion of loans for veterans so they can qualify for an attractive financing package. The Veterans Benefits Administration (VA) provides this benefit to qualified veterans to finance a home purchase, and there are several VA loan programs to choose from.
Qualified borrowers may be able to finance up to 100% of the purchase price with no downpayment required on certain VA loan products.
The VA does not require monthly mortgage insurance. A funding fee is generally required for all transactions
Borrowers have several options to lock in attractive VA mortgage rates with terms that meet their needs.
Refinancing your existing VA loan into a new one with lower interest or terms is available with minimal documentation
Refinance, pay the full loan balance off, or make larger monthly payments at any time with no early payment fees.
Sunrise Mortgage Group provides you with the tools you need to make the right borrowing decisions. These calculators may borrowers in determining different values in the loan process. Try to ensure the information you enter is as accurate as possible.
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