A Fixed-Rate loan with No Down Payment is possible with VA-insured Financing.
The interest rate is constant throughout the term of the loan.
The rate is no longer controlled by the VA. The market sets the rate.
The VA is determined to "keep up with the market."

Take advantage of your eligibility!

Required Down Payment:    NONE (if veteran and his wife meet 
                            income requirements). No cosignors.


Maximum Loan Limits:      $729,750 - no money down - check with VA lender for up-to-date terms
 		          Unlimited with a required down payment
			  		                          
			    

Property Types:           SFR  (single family residence)
                          2-4 UNITS 
                          CONDO     (complex must be       
                          PUD         approved by VA or FHA)

Occupancy Requirement:    Must be Owner-Occupied; 
                                   No Investor loans!

Term Options:             15 & 30 year

Assumable:                Yes

Pre-Payment Penalty:      None

Mortgage Insurance:       NEVER (VA guarantees own loans)