A VA loan is perhaps the most powerful and flexible lending option on the market today. Rather than issue loans, the VA instead pledges to repay about a quarter of every loan it guarantees in the unlikely event the borrower defaults. That guarantee gives VA-approved lenders greater protection when lending to military borrowers and often leads to highly competitive rates and terms for qualified veterans.
Benefits of VA Loans
A VA loan is, by far, the best mortgage loan on the market. It was created to take care of our VETS. It requires ZERO Down Payment. And ALL closing costs can be paid by the Seller of the home. The fact of the matter is that VA Loans have the Lowest Default rates . Our VETS are disciplined, and they are bound by their commitments To not only defend us and the US Constitution BUT also their financial commitments.
VA loans offer a few other bells and whistles:
- Competitive interest rates that are routinely lower than conventional rates
- No prepayment penalties
- Higher allowable debt-to-income ratios than for many other loans
- Streamlined refinancing loans that require no additional underwriting
LICENSING
ADRIAN CITRONI - MORTGAGE BROKER
Primary Service Area: Catonsville & Vicinity
Arbutus - Halethorpe, Catonsville, College Hills, Elkridge, Ellicott City
Licensed Loan Originator NMLS# 144522; MD - DC - PA - DE - VA - FL - CA
CALL OR TEXT: 410-916-0776