1/28/2024

VA LOANS


Refinance or purchase your home with a VA Loan it's
Easier that baking a box cake



IRRL Refinance

  • 580 Min FICO on Purchase/Rate-Term VA Loans
  • Great Purchase Programs, 100% LTV Home Loan
  • VA IRRRL’s (Streamlines) up to 125% CLTV subordinate financing, 580 Min FICO
  • 90% Cash-Out refinance 580 FICO
  • VA IRRRL Min FICO 550
  • DTI per AUS, we follow DU and LP
  • Manual underwrites allowed
  • W2 only allowed
  • High Balance Loan Amounts Available
  • Property Type: 1-4 Units, Primary Residence
Contact me by phone
949   784 -  9699
NMLS 324982
C G  Caroline Gerardo Barbeau

I love the idea of cupcakes in a vendor machine it seems so easy

For a VA loan you need to be eligible so we need your DD-214 

VA Loans: A Powerful Tool for Veterans to Achieve Homeownership A Smart Path to Homeownership for America's Heroes

VA loans are a fantastic mortgage option for veterans, active-duty service members, and eligible surviving spouses. Backed by the Department of Veterans Affairs (VA), these loans offer numerous benefits that can make buying a home more accessible and affordable.

Here are just a few reasons why VA loans are great:

  • No Down Payment Required: This is perhaps the most significant advantage of VA loans. Unlike traditional mortgages, which typically require a 20% down payment, VA loans allow you to purchase a home with zero down. This can be a game-changer for veterans who may not have saved up a large amount of money for a down payment.

  • Competitive Interest Rates: VA loans typically come with lower interest rates than conventional loans. This is because the VA guarantees a portion of the loan, which reduces the risk for lenders and allows them to offer more favorable terms.

  • No Private Mortgage Insurance (PMI) Required: PMI is a type of insurance that protects lenders if you default on your loan. However, VA loans do not require PMI, which can save you hundreds of dollars per month.

  • Flexible Credit Requirements: VA lenders are generally more flexible with credit requirements than conventional lenders. This is because they take into account your military service when evaluating your creditworthiness.

  • Multiple Loan Options: VA loans can be used to purchase a variety of properties, including single-family homes, condominiums, townhomes, and manufactured homes. You can also use a VA loan to refinance your existing mortgage.

  • Lifetime Benefit: Your VA loan entitlement is a lifetime benefit that you can use over and over again. This means you can purchase multiple homes throughout your life using a VA loan.

In addition to these benefits, VA loans also offer several other advantages, such as reduced closing costs and the ability to assume an existing VA loan.

If you are a veteran, active-duty service member, or eligible surviving spouse, a VA loan can be a powerful tool to help you achieve homeownership. With its many benefits, a VA loan can make buying a home more affordable and less stressful. I'm a veteran. I'm happy to help.