VA is only available to buyers who are former or current members of the US Armed forces.
VA is great loan program for US veterans!
One of the great benefits offered to veterans of the US armed services is the special mortgage loan program called VA. This program does not require any down payment. It also does not require mortgage insurance (PMI).
Credit worthiness and debt ratio are still very important, however the underwriter will attempt to be more willing to “think outside the box” when it comes to approval of the file for the veteran.
The program is designed to help veterans to become more firmly established through home ownership. Therefore, the VA appraisal is the most thorough of any conforming loan programThis means that the VA loan program considers the structural soundness as well as the economic efficiency of the house that the veteran is considering for purchase.
At Barrett Financial, we take the time up front to take a “full” application so that we can be sure to get your file approved as quickly and smoothly as possible. Through this we can eliminate the need for you to continuously provide additional documentation over and over through the approval process.
Ron Pero
81 E Mill St., Suite 300
Gahanna, OH 43230
(614)758-7550
ronpero@barretfinancial.com
Barrett Financial Group, L.L.C.
275 E Rivulon Blvd., Suite 200
Gilbert, AZ 85297
(480)459-4500
loans@barretfinancial.com
