California VA Loan Benefits (2016)

Written by Posted On Sunday, 10 July 2016 16:20

With all the recent advertisements about VA Home Loans many veterans get confused on where to start.  One of the best things you can do is work with a fellow veteran that understands the VA Loan Process.  At you get personalized help from a fellow veteran that understands the process, and more importantly knows how to get you direct lender credits that can save you thousands in fees!

Most veterans will turn to institutional lenders simply because they have seen TV advertisements, and can end up paying more fees.  Even though these fees are not necessarily “out of pocket fees” they are still a part of the loan and can increase your monthly payment.  If you are the type of person that likes personalized attention and likes to save money then please visit for help with your VA Loan.

Benefits of a California VA Loan:

  No down payment required (unless required by the lender or the purchase price is more than the reasonable value of the property).

  Negotiable and competitive interest rate.

  Ability to finance the VA Funding Fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).

  VA rules limit the amount you can be charged for closing costs.

  Closing costs are comparable with other financing types (and may be lower).

  Closing costs may be paid by the seller.

  No private mortgage insurance premiums are required.

  An assumable mortgage

  Right to prepay your mortgage without penalty.

  VA assistance to veteran borrowers in default due to temporary financial difficulty.

For more information please visit:

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