Veterans and active members of the armed forces often buy with $0 down and less red tape. Backed by the U.S. Department of Veterans Affairs, VA Loans allow for some of the most flexible qualification guidelines exclusively for members of the armed services or their surviving spouses. Pay a small upfront VA funding fee and get straightforward qualification requirements.
Security of fixed principal and interest monthly payments
Low closing costs — a limit set by government regulation
No upfront or monthly mortgage insurance (UMIP, MIP) required
No prepayment penalties if you pay off the loan early
VA Loan may be right for you if:
You are a veteran, reservist, active duty service member, or a surviving spouse of such a person with a Certificate of Eligibility
You would like to buy your home with little to no money down
You want the peace of mind of stable principal and interest monthly payments
If that sounds like you, then a VA Loan may be a good choice.
Equity Investment Capital 79405 Highway 111 Suite 9178 La Quinta, CA 92253
