VA Loan Programs
At Corridor Mortgage Group we say thank you to the men and women who have served our country and the cause of freedom around the world. We are deeply grateful for the personal sacrifices made by members of the armed forces and work hard to make sure you receive all the benefits afforded to you through the VA home loan programs.
The eligibility requirements for VA loans can be difficult to understand, but be assured that Corridor Mortgage Group has the experience and expertise to guide you through the process. If you are a Veteran or active duty personnel you may qualify to purchase a home without a down payment. Even if you already have used your VA loan benefits for a previous home loan, it may be possible to buy another home again by using your remaining or restored entitlement.
Here are some important features of VA loans:
- 100% Financing (No down payment required)
- No monthly mortgage insurance premiums
- Limitations on buyer’s closing costs
- Higher debt-to-income ratios permitted
- Loan amounts up to $1 million
- Assumable
Here are some of the VA loan programs we offer:
- Fixed Rate Loans (terms from 15 years to 30 years)
- Adjustable Rate Mortgages (terms ranging from 1/1 to 5/1 years)
- Interest Rate Reductions Refinances (IRRRL)
- Interest rate buy-downs
Please contact us today to see if a VA home loan is right for you.