Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

Veteran - USDA Rural Development Loan - GCM Mortgage

Here’s how it works:

100% financing without private mortgage insurance or 20% second mortgage.

A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.

When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.

When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.

Please note that Veterans who currently own a home secured by a VA mortgage can refinance with this special loan that simplifies the process and reduces the cost of a normal refinance.

No appraisal required!

Refinance even if you have no equity! No Mortgage insurance required. Minimal credit requirements. Home does not have to be occupied by the Veteran if the Veteran occupied the home before. Very low interest rates save money or reduce your term or both!

Speak to a Loan Officer Today!

We eliminate the lengthy loan process, we pre-approve our borrowers within hours
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