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The Arizona VA Jumbo Home Loan

VA Loans for Vets NMLS#184169<br>5050 North 40th Street, Ste 260<br>Phoenix, AZ 85018<br>602-908-5849<br><br>Jimmy Vercellino is one of the nationu2019s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com

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The Arizona VA Jumbo Home Loan

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  1. The Arizona VA Jumbo Home Loan. Yes, it’s True! The Arizona VA Jumbo Home Loan. Many veterans do not understand all the benefits that exist when it comes to their Arizona VA Jumbo Home Loan. Truth be told, many lenders don’t either… so if lenders are confused, how then do we expect our veterans to know. Sadly, many don’t. This statement cannot hold more truth when it comes to the Arizona VA Jumbo Home Loan. The Arizona VA Home Jumbo Loan is probably one of the most competitive, if not the most competitive Jumbo loan products that exist on the market today. Most Jumbo loans that are available today require down payments of 20% or higher. However, with the Arizona VA Jumbo Home Loan this is not the case. Let’s look at an example. Purchase Price: $750,000 VA Down Payment Requirement: $83,250 That’s a down payment of around 11%*. You might be wondering how I came up with that down payment amount? It’s quite simple really. VA Max Guarantee for Maricopa County is $104,250. Both lender and VA require that the loan be guaranteed by 25%. In this case the $104,250 (VA Guarantee) + $83,250 (Veterans Down Payment) = 25% of $750,000 thus giving you an insured VA Jumbo Home Loan. I can assure you that you will not find a lower down payment out there when it comes to a non-VA Jumbo Home Loan. So, if you are in the market for your dream home and never considered using your VA Jumbo Home Loan, it’s time to reconsider. Feel free to call or email to see if this product is the right fit for you. *This summary is based on a $666,750 loan amount, on a loan term of 360 months, with an interest rate of 4.25% and an annual percentage rate of 4.250%. To see if you are qualified for your Arizona VA Jumbo Home Loan call me today at 480- 538-4980! Thank you and May God Bless you for your Service to our Great Country. Semper Fidelis, Jimmy Vercellino

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