If you are a veteran or active duty service person, November is a great time to buy or refinance a home. For the entire month, PrimeLending is offering $500 off closing costs* for all Veterans Administration home loans. VA loans are a terrific home mortgage option with many benefits over conventional and FHA mortgages. And at PrimeLending, we have home loan experts who know how to cut through the red tape typically associated with many government-sponsored programs, to make your experience smooth and seamless.
“Being a VA Loan, I now know it was very difficult to deal with. The VA is very meticulous and PrimeLending was there to encourage me and answer any questions I had.” Veteran Customer, Indiana.
Why Choose a VA Loan?
A veteran or active duty service person can buy or refinance a home with ‘make-sense’ underwriting, reasonable credit and income requirements, very low interest rates and no required down payment. The VA loan, more than any other, includes guidelines to protect the veteran or service person’s rights and pocket book. The costs that can potentially be charged are closely controlled and the value and condition of the property is looked at carefully. There is no maximum loan amount for a VA loan and an eligible buyer can keep their current home and VA mortgage, and buy another without having to sell or refinance the first property.
“This is my second time with PrimeLending for a VA loan. Easy, quick, good rates, great loan officers. I will use them again, and have already referred them to friends.” VA Loan Customer, Nevada.
Pick a Lender to Help Guide You through the VA Process
PrimeLending has helped thousands of veterans and active duty members get into homes each year. Although the process can be challenging, we’ll run the interference between the Veteran and their home. Our smooth, professional process from start to finish sends automatic milestone alerts and status updates along the way. Each customer works with a dedicated home loan expert to understand their loan options and provide personal attention every step of the way. We lock, approve and close loans quickly, and at competitive rates.
“The loan officer made it faster and easier than I ever could have imagined!! Never heard of a loan officer making a VA loan from start to finish in 2 weeks!!! Pretty amazing!!!!!” Veteran Customer, Indiana.
10 Simple Steps to Getting into your Home with a VA Loan
- Provide us with your application information including income, assets, debt and credit.
- Provide us with your Service Statement if Active Duty, DD214 if discharged or retired, or Report of Service and Record of Service if Army or Air National Guard, Reserves or Coast Guard.
- We will apply for your Certificate of Eligibility.
- Select a property.
- Perform all inspections.
- We will order an appraisal to determine the market value.
- We will process and underwrite your loan keeping you informed of our progress.
- Underwriter approves the loan.
- Closing is scheduled with Title Company or attorney.
- Bring your ID to closing.
Act Now, During the Month of November to Save $500
Whether you’re active duty, long retired, or already have a VA loan, we can help you get the most from your benefit. Contact a PrimeLending loan officer in your area today to take advantage of our November VA Loan Special.
*A credit from PrimeLending will be applied at the time of closing. This offer is valid from November 1-30, 2015. Savings only applies to direct originations made by PrimeLending for first mortgage purchase or refinance transactions, and is not available on loans obtained through mortgage brokers. Only one offer per loan transaction is available, and savings cannot be combined with any other offer. Savings will reflect on HUD-1 at closing. Borrower must lock their loan between 11/1/15 and 11/30/15.