VA Loans for VETERANS

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Opening Doors to Home Ownership for Veterans - Monday, August 11, 2008

REMN has a new website to help Open Doors to Home Ownership for Veterans one way for Veterans to get into a home is with a government guaranteed Veteran’s Affairs loan. The borrower has to be a veteran or the surviving spouse of one who died from a service-connected condition. Loans are available for up to 100 percent of the purchase price to $417000. VA loans are now available up to $700000.00 visit www.vamortgageassitance.us for more information Today if a veteran doesn’t qualify for a Conventional or FHA Mortgage they may still be able to get a VA loan. VA loans are often made to borrowers with a couple of dings in their credit histories and FICO scores as low 620. After only 12 months of clean credit history even severely credit damaged borrowers can qualify for a VA loan. Today’s VA rates are extremely competitive. A 30-year fixed VA Mortgage carries about the same rate as a normal prime rate loan. It's an even better deal than that, because 100 percent of either the purchase price or the appraised value of the property (whichever is lowest) can be financed without mortgage insurance. A veteran can get even more information by visiting www.vamortgaeassistance.com or calling 800-999-2489 EXT 8020. '