If you’re a U.S. veteran, then you may qualify for a loan guaranteed by the Veterans Benefits Administration (VA). These mortgage options may come with no down payments and favorable terms. There are several VA loan programs, so be sure to ask your mortgage advisor which is best for your financial situation.
Veterans that qualify may be able to receive financing for the entire loan amount and forego any down payment.
The VA does not require monthly mortgage insurance payments. However, a funding fee is often required for transactions.
VA borrowers may be able to refinance existing VA Loans to receive lower interest rates.
These types of loans do not penalize borrowers for early payments.
Both Fixed and Adjustable Rate Loan Options Available
Stanford Mortgage provides you with the tools you need to make the right borrowing decisions. These calculators will give you a basic idea of how key values are determined throughout the mortgage process. Try to ensure the information you enter is as accurate as possible. Always contact one of our Mortgage Advisors for an accurate quote that is best suited for your specific needs.
Together, we’ll find great mortgage solutions.
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