VA Loans


Understanding VA Loans


A VA Loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). This type of loan is available to American veterans, active-duty service members, and certain members of the National Guard and Reserves. VA Loans offer a variety of benefits over conventional loans, making homeownership more accessible for those who have served our country.


Benefits of VA Loans


  • No Down Payment: One of the most significant benefits is that VA Loans often require no down payment, making homeownership more attainable.


  • Competitive Interest Rates: VA Loans typically offer lower interest rates compared to conventional loans, helping you save money over the life of the loan.


  • No Private Mortgage Insurance (PMI): Unlike conventional loans, VA Loans do not require PMI, which can save you hundreds of dollars per month.


  • Easier Qualification: VA Loans have more flexible qualification standards, which can be beneficial for veterans with less-than-perfect credit.


  • Limits on Closing Costs: The VA limits the amount you can be charged for closing costs, making the home buying process more affordable.


  • Assistance if You Struggle to Make Payments: The VA offers assistance to help you avoid foreclosure if you encounter financial difficulties.


Eligibility Requirements


To be eligible for a VA Loan, you must meet one or more of the following criteria:


Veteran: You served 90 consecutive days of active service during wartime, or 181 days of active service during peacetime, or more than 6 years of service in the National Guard or Reserves.


Active Duty Service Member: You are currently serving on active duty with 90 continuous days of service.


Surviving Spouse: You are the spouse of a service member who died in the line of duty or as a result of a service-related disability.


How to Apply for a VA Loan


  • Obtain Your Certificate of Eligibility (COE): This document verifies to lenders that you are eligible for a VA-backed loan. You can apply for your COE online through the VA, by mail, or through your lender.


  • Find a Lender: Choose a VA-approved lender to work with. As a real estate professional experienced with VA Loans, I can help you find the right lender for your needs.


  • Pre-Qualify for Your Loan: This step helps you understand how much you can afford and prepares you for the house-hunting process.


  • Find Your Home: With your pre-qualification in hand, you can start looking for a home that meets your needs and fits within your budget.


  • Make an Offer: Once you find the right home, I can help you make a competitive offer.


  • Complete the Loan Process: Your lender will process your loan application, order an appraisal, and underwrite your loan. Once approved, you’ll close on your home and move in!


Why Work with Me?
As an advocate for veterans  and a real estate professional dedicated to helping underserved communities, I understand the unique needs of veterans and active-duty service members. My goal is to make the home buying process as smooth and stress-free as possible for you. With my expertise in VA Loans and deep commitment to helping you achieve homeownership, you can trust that you’re in good hands.

GET MORE INFORMATION ON VA LOANS

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Marcelino Gutierrez, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

By checking this box, I consent to receive marketing text messages through an automatic telephone dialing system at the number provided. Consent is not a condition to purchase. Text STOP to unsubscribe or HELP for help. Msg and data rates may apply. Check our privacy policy.

By checking this box, you agree to receive marketing emails, like listings on homes, mortgage news and real estate market updates, sent from time to time. You can unsubscribe anytime by clicking 'Unsubscribe' link in any email we send. Visit our Privacy Notice for information on how we handle your personal data and your rights.