The VA Loan provides veterans with a federally guaranteed home loan which requires no down payment. This program was designed to provide housing and assistance for veterans and their families.
The Veterans Administration provides insurance to lenders in the case that you default on a loan. Because the mortgage is guaranteed, lenders will offer a lower interest rate and terms than a conventional home loan. VA home loans are available in all 50 states. A VA loan may also have reduced closing costs and no prepayment penalties.
Additionally there are services that may be offered to veterans in danger of defaulting on their loans. VA home loans are available to military personal that have either served 181 days during peacetime, 90 days during war, or a spouse of serviceman either killed or missing in action.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 210550, WWW.NMLSCONSUMERACCESS .ORG License No. MC-3714 Licensed by the Virginia State Corporation Commission --------- Lic. 14102 State of Maryland Department of Labor, Licensing and Regulation www.nmlsconsumeraccess.org
7619 Little River Turnpike
Annandale, Virginia 22003
Phone: 703-992-8750 Yama@washingtonmg.com