A VA-backed purchase loan often offers:
* No down payment as long as the sales price isn’t higher than the home’s appraised value
* Possibly fewer closing costs,
* No penalty fee if you pay the loan off early
* Possibly no need for private mortgage insurance (PMI) or mortgage insurance premiums (MIP)
Please watch the video below provided by the Veterans Benefit Administration to become more familiar with the VA Home Loan and the steps to use your earned benefits. After viewing the video, or at any time, we will work with you to obtain your new home.
DrC Mortgage is not endorsed or sponsored by VA.
DrC Mortgage is committed and permitted to help Servicemembers, Veterans, and eligible surviving spouses become homeowners.
Equal Opportunity Lender.