\"Mortgage Originator Jimmy Vercellino, specializing in VA loans, helps veterans use their VA loan benefit to their greatest advantage. For more details call us at 480-351-5904 or visit our site http://www.valoansforvets.com/\n\nThe views expressed here are those of the individual author and do not necessarily represent those of First Choice Bank (NMLS #: 177877) and First Choice Loan Services Inc. (NMLS #: 210764), 7600 E. Doubletree Ranch Road, Scottsdale AZ 85258. Equal Housing Lender. www.fcloans.com/disclaimer/\n www.fcbhomeloans.com/privacy\n\n7600 E. Doubletree Ranch Road #200\nScottsdale, AZ 85258\nPhone: (480) 351-5904\nEmail: email@example.com\n\nhttp://www.valoansforvets.com\nhttp://google.com/ valoansforvets\nhttp://facebook.com/valoansforvets\n\"
home but don't know the first thing
about the type of loan to use?
You may feel as if you are lurking in
knowledge and research, you will
feel confident enough to
approach a lender about getting a
specialist, who will guide you
through the process and help
you determine the best route to
what type of loan is right for you.
between the various types of
loans out there.
For veterans, a VA loan can put
you in the door of your dream
with any type of loan.
The most important thing you will
need to know is that, with this
type of loan, the VA guarantees
the lender against loss if there is a
default on the loan.
such as a bank or mortgage
company may be more likely to
front the money for a veteran
because of this guarantee.
seller able to foot a lot of the
closing costs, it is a very
affordable way for a home buyer
to get their own place.
required to get this type of loan.
OF A VA LOAN
type of loan is no down payment
This is very helpful especially if
you are a first-time home buyer
and just starting out.
Funding Fee can be financed so
there isn't a lot of out-of-pocket
A big plus is there is no mortgage
insurance premium which can
make payments higher.
require a buyer to purchase this
type of insurance.
and the buyer’s interests at
heart, lending via the Veteran’s
administration may be the way
workings of an FHA loan.
Again, this type of loan is
guaranteed but not by the VA.
So, when you take out an FHA loan,
just like the VA, they will guarantee
to the lender the monies in case of a
and VA loan is the down payment.
Where the VA requires zero down,
the FHA requires at least 3.5% of
the price of the home.
and low closing costs. Also, it is
much easier to qualify than with
most other lenders.
VA OR FHA?
an FHA loan, both have qualifying
factors that can help you make a
need at the time of your
Factor in the cost of the loan until
it is paid, the interest rate and the
amount of money up front.
decision as a buyer.
specializing in VA loans, helps veterans
use their VA loan benefit to their
greatest advantage. Contact him for
more information –he will guide you
through the process.
For more details call 480-351-5904 or visit the site
7600 E. Doubletree Ranch Road #200
Scottsdale, AZ 85258
Phone: (480) 351-5904