Get Help on your VA Loan Huntsville AL from a Local Veteran!
I was a Corporal in the US Army from as a Medic and was deployed to Operation Joint Endeavor. I am also an experienced loan officer that specializes in VA loans. If you are a veteran and are looking for a VA loan, you came to the right place. I enjoy helping veterans with all of their Mortgage needs.
If you are a current service member or a Veteran, then a VA loan is the preferred loan program for you.
Primary Benefits of a VA Loan:
- 100% financing (up to the county loan limit)
- No monthly private mortgage insurance is required
- The loan is assumable, subject to VA approval of the assumer’s credit
- 30 year low rate fixed loan
- Seller can pay up to 4% of the veterans closing costs
- Very Low Interest Rates
- You don’t need perfect credit
Who is Eligible for a VA Loan?
- Veterans with active duty service, that was not dishonorable, during World War II and later periods, are eligible for VA loan benefits.
- World War II (September 16, 1940 to July 25, 1947)
- Korean conflict (June 27, 1950 to January 31, 1955)
- Vietnam era (August 5, 1964 to May 7, 1975) veterans must have at least 90 days of service.
If you had service only during peacetime or are on active duty then you must have had more than 180 days of active service. If you are a veteran of enlisted service which began after September 7, 1980, or an officer with service beginning after October 16,1981, must in most cases have served at least 2 years.
VA Documentation Needed:
The three specific pieces of documentation that we will need to determine your eligibility is:
- DD214 for discharged veterans
- Statement of service for active military personnel
- Certificate of eligibility (COE) to determine you have VA entitlement.
The next step is to contact me to find out if you meet their qualifying criteria. That criteria is minimum FICO/credit scores and debt-to-income (DTI) ratios. I can help you obtain your certificate of eligibility on your behalf and help you determine if you qualify.
Frequently Asked Questions:
Q: Are children of a living or deceased veteran eligible for the home loan benefit?
No, the children of an eligible veteran are not eligible for the home loan benefit.
Q: How can you obtain proof of military service?
You can use Standard Form 180 to apply for proof of military service regardless of whether you served on regular active duty.
Q: Is the surviving spouse of a deceased veteran eligible for the home loan benefit?
The unmarried surviving spouse of a veteran who died on active duty or as the result of a service-connected disability is eligible for the home loan benefit.