VA
Vantage Point Finance proudly serve veterans, active-duty military personnel, and their families. Finance up to 100% of your new home’s value with no money down, and no private mortgage insurance.
What is a VA Loan?
A VA loan is a mortgage loan available through a program established by the U.S. Department of Veterans Affairs (VA) previously the Veterans Administration. With VA loans, veterans, service members, and their surviving spouses can purchase homes with little to no down payment and no private mortgage insurance and generally get a competitive interest rate.
When applying for a VA loan, here is what you need to know:
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With a VA loan, you can finance 100% of the home’s value without a down payment.
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Unlike conventional and FHA loans, VA loans don’t require PMI, even with no down payment.
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VA loans typically come with lower interest rates than conventional loans, which can save you money over the life of your loan.
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The qualification requirements for VA loans are generally more relaxed than for conventional loans.
Qualifying for a VA Loan involves an assessment that looks at your:
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Certificate of Eligibility (COE)
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Credit Score
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Income
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Debt-to Income Ratio
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Employment Status and History
