Did you know that VA loans are fully assumable and can be assumed by either a veteran or a non-veteran?
Assumable financing can differentiate a property and increase marketability as rates increase.
Here are some other great reasons to use VA:
Low Rates and No Down payment Option
•VA loans feature less-demanding down payment, debt, income and closing-cost guidelines that can help make it easier to qualify for financing.
•VA does not require Private Mortgage Insurance.
•VA allows the seller to pay for all closing and pre-paid costs.
VA Refinance Flexibility
• Provides a streamlined process that enables you to enjoy a simplified loan experience.
• Allows you to take cash out for major purchases, renovations or other large expenses.
