VA Home Loan Program is for veterans and active duty military personnel and determined members of the reserves and National Guard. VA Home Loans provide an commendable program and benefit for those individuals who have served or are serving to protect our families and our nation, as well as giving them a form of financing that will allow Realtors to sell more homes.

VA Certificate

Before you get a VA loan, you will need a Certificate of Eligibility.

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If you do not have one, or cannot find it, we will be happy to help you get one. When you are ready to apply for your loan, you will be under no obligation to go through Our Lenders.

    Obtaining a Certificate of Eligibility

    VA determines your eligibility and, if qualified, a certificate of eligibility will be issued. Eligibility applications can involve:

    • An original determination of eligibility for the home loan benefit
    • A request to replace a lost certificate of eligibility
    • A request for restoration of the benefit after payment in full of a previous VA home loan
    • Issuance of a certificate reflecting a current outstanding loan for refinance purposes

    VA Loan Application

  • Most recent two years complete tax returns with all schedules
  • Most recent two years W-2's, 1099's
  • Most recent pay stubs covering one month period.
  • Self-Employed will need Three years Tax Returns and YTD Profit & Loss Statement

    • Savings Information

  • Most recent three months complete bank statements for any and all accounts with all pages
  • Most recent statement from retirement, 401k, mutual funds, money market, stocks
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    Credit Information

  • Most recent statements from your bills, indicating minimum payments and account numbers
  • Name, Address, and Phone number of your landlord, or 12 months cancelled rent checks
  • Should you have no credit. Copies or your most recent utility bills will be needed.
  • Copy of complete Bankruptcy and Discharge Papers.
  • If you co-signed for a mortgage, car, credit card, etc, need 12 months cancelled checks. front and rear, indicating you are not making payments.
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    Personal Information

  • Copy of Drivers License
  • Copy of Social Security Card
  • Copy of complete Divorce, Palimony, Alimony Papers
  • Copy of Green Card or Work Permit

    • If a Refinance or you own Rental Property

  • Copy of Note & Deed from current loan
  • Copy of Property Tax Bill
  • Copy of Hazard (homeowners) Insurance Policy
  • Copy of Payment Coupon for current Mortgage
  • If property is multi-unit, need Rental Agreements

The VA allows a veteran who qualifies income and is credit worthy to buy a home as the primary residence with Zero Down.VA Streamline
VA Streamline
Interest Rate Reduction Refinance Loans
A VA Interest Reduction Refinance Loan (also know as a VA IRRRL) is a streamline refinance.[

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Benefits of using VA Home Loan:

  • Assumable, the new owner most qualified.
  • Low closing costs to Veteran's and are regulated by VA
  • Veterans with problems making the home loan mortgage payments can obtain assistance from VA
  • No Prepayment penalty
    • .

    Facts concerning purchase transactions:

  • VA does not have a maximum loan amount. However, lenders do sell loans on the secondary mortgage market, so they will generally limit loans to $417,000 ($625,500 in Hawaii, Guam, Alaska and U.S. Virgin Islands) with no down payment. With a down payment, loans may exceed these amounts.

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