Veteran OptionsVA loans are a benefit available to active-duty military members, veterans, and their surviving spouses and immediate families.
Because the VA Home Loan is a benefit that you have earned through your service to our country, the VA Home Loan has relaxed credit qualifying standards compared to non-veteran loan programs, so even if you have a prior Bankruptcy and/or Foreclosure within the recent past, you should speak with one of our Loan Officers who can guide you through the loan approval process. Furthermore, Veterans who receive disability benefits from the VA are exempt from the VA Guarantee Fee and mortgage insurance; this can result in a significant payment savings when compared to non-veteran loan programs. Starboard also offers great interest rates on VA refinance loans to Veterans who already own a home; whether you are looking to access existing equity in your property to obtain cash back at closing or simply desire to lower your existing interest rate and monthly payment, Starboard is here to serve you. Give us a call today.
VA Loan Benefits
- Available to veterans, reservists, active-duty personnel, and surviving spouses of veterans, based on military entitlement.
- No down payment.*
- No cash reserves.
- No application fee.
- No monthly mortgage insurance premiums
- VA funding fee may be financed.
- Seller can pay certain closing costs thus decreasing the closing costs for the borrower.
- May pay off some consumer debt with the refinance loan program.**
- 1-4 unit primary residences with restrictions.
- VA assistance to veterans in default.
*Up to 100% financing (based on VA lending limits) may be available for purchase loans and up to 90% for cash-out refinances. Gift funds or bond programs for closing cost assistance are allowed. **Please consult your financial advisor about the consolidation of short term debt into long term debt.
Contact Us today if you would like to discuss products for veterans or if you have any inquiries about our product offerings. If you do not have any questions and are ready to submit your information for a loan decision, please Apply Now.
Thank you for letting Starboard Financial show you -The Right Way- in mortgage lending!