VA Home Purchase Loans - Minimum 0% Down
Are you a veteran looking to purchase your dream home? Look no further than Michigan Mortgage Solutions! We offer the VA Home Purchase Loan, which provides great low interest rates and no monthly mortgage insurance. The Department of Veteran Affairs created a military loan guarantee program to assist returning veterans in purchasing homes called the VA Loan. This mortgage is specifically for veterans and is guaranteed by our own government!
This program is perfect for qualifying veterans who want to buy a home with no down payment. Plus, as of January 1st, 2020, there is no longer a cap on the loan amount for VA loans and veteran borrowers can now finance very large loan amounts with no down payment requirement.
Veterans Certificate of Eligibility Determines Your VA Home Loan Benefit
The first step to qualifying for the VA Home Loan is requesting a Certificate of Eligibility. This certificate will confirm that you have served your required time in service and are eligible for VA financing. Veterans who have service related disabilities can often qualify for a reduced or waived funding fee. Once eligibility has been confirmed by our team, we can get you pre-approved to start looking at homes today.
VA Home Purchase Loan Highlights
- No Down Payment Required
- Relaxed Credit Score Requirements
- No Loan Limits
- Low Fixed Rate
- No Monthly Mortgage Insurance
- Eased Qualification Requirements
The benefits of buying a home with VA loans are numerous. The no-down payment requirement, competitive rates and lack of mortgage insurance mean that buyers can enjoy the dream house they’ve always wanted without worrying about how much money is in their bank account at any given time!
Take advantage of your military benefits and save thousands with the VA Home Purchase Loan. Contact Michigan mortgage Solutions at 248-963-1894 or click the Purchase Button below to get your low rate VA Home Purchase Loan Today!