Va Home Loans - Va Mortgage Loans Houston

By Author: John David
Total Articles: 1
Comment this article

VA Loan is the best low rate home loans and refinances loans in Houston. Refinance is most benefit in market place with low interest rate for all loans. They approve home loans and monthly mortgage loan payments. Houston VA Home Mortgage Loans experts help you to get a Houston Veterans Mortgage Home Loan. They are dedicated to serve the veteran community. They handle your mortgage and real estate in house and they serves you at any time. They are experts and best to give Houston Veterans Mortgage loans and Home Loans for Veteran Community.

VA Loans Houston also offers VA Refinance Loans Programs. VA Refinance loan is most benefit in marketplace with low interest rate. They help you in monthly mortgage payments to meet your financial level in VA Refinance Loan. It is our pledge to provide customers with a team of highly-trained VA Mortgage Professionals, coupled with an exceptional level of service. Our dedicated loan officers and VA Specialists work hard to ensure the process goes as smoothly as possible. VA Loan Houston satisfied many Veterans for Home and Mortgage Loans.

A VA Streamline Refinance, also ...
... know as an IRRL (Interest Rate Reduction Loan), is an easy way to reduce your mortgage payment and save you a lot of money. A streamline refinance can be done WITHOUT an appraisal, NO income verification, and NO out-of-pocket expense. We also refinance your conventional loan to a VA loan and save your money by REMOVING your monthly MORTGAGE INSURANCE and LOWERING your interest rate. Removing your mortgage insurance is typically the equivalent of lowering your interest rate by 1%. Refinancing into a VA loan CAN and WILL save you money each and every month. On October 10th, 2008 the President signed into law the Veterans' Benefits Improvement Act of 2008. This law now allows eligible veterans to take out up to 100% of the value of their home to pay off their debt, make home improvements, or get cash back while reducing their rate.

Benefits of VA Home Loans Houston:

1. Equal opportunity.
2. No down payment (unless required by the lender or the purchase price is more than the reasonable value of the property).
3. Buyer informed of reasonable value.
4. Negotiable interest rate.
5. Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5% and exemption for veterans receiving VA compensation).
6. Closing costs are comparable with other financing types (and may be lower).
7. No mortgage insurance premiums.
8. An assumable mortgage.
9. Right to prepay without penalty.
10. For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
11. VA assistance to veteran borrowers in default due to temporary financial difficulty.

Type of Loan and Percentage for Veteran by VA Loans Houston

1. Interest Rate Reduction Refinancing Loans = .50%
2. Manufactured Home Loans = 1.00%
3. Loan Assumptions = .50%

Call VA Loan Houston at anytime and we have VA Loan Professionals waiting to help you get started with the VA Loan process. We are available from 8am to 7pm (central time) Monday thru Friday. If it is outside these hours, please use this form to get in touch with us. We look forward to working with you!

Want loans in Houston, Dallas, Austin and San Antonio
Call 281-606-0490
http://www.valoanshouston.com/