Taking advantage of your VA Home Loan Benefit is easy to do! If you are an Eligible Veteran then you are already qualified to receive the many benefits that a Government Backed VA Loan has to offer. Take a look at the VA Loan Benefits you are able to receive:

• ZERO DOWN Home Loans!
  The VA does not require qualifying Veterans to put any money down as a down payment. Yes, 100% FINANCING for Military Home Buyers! This makes buying a home easier than ever as well as a huge advantage over current conventional financing options.
• LOW INTEREST RATE Home Loans!
  Since VA Loans are backed by the Federal Government, INTEREST RATES ARE LOW when compared to the average ‘high loan to value’ conventional mortgages.
• NO MORTGAGE INSURANCE Home Loans!
  Your new VA Mortgage will NOT require you to carry expensive mortgage insurance as you would be required to carry with a conventional loan.
• CREDIT REQUIREMENTS are lenient and forgiving!
  Active Military and Discharged Veterans have a very stable, government backed monthly income. For this reason, the VA understands that even though you may have a low credit score or a history of credit troubles, you have the ability to make your mortgage payment on time.
• CLOSING COSTS paid by the seller!
  The VA will allow the seller of a home to contribute up to 4% or more of your loan amount towards your closing costs. This means the seller can pay towards your closings costs, pre-paid items, and even paying off personal debt. By using this VA Benefit, you can truly purchase a home with ZERO MONEY out of your pocket.
• LOAN AMOUNTS are higher than ever!
  The VA recently raised the maximum loan amount they will lend to $417,000. This means that as long as you are qualified, you can purchase a home up to $417,000 with ZERO DOWN!
• ADDITIONAL PROTECTION of value!
  The VA feels very strongly about protecting you against inflated home values. Every VA loan is inspected by a VA Certified Appraiser to verify that the home you are purchasing is not priced over the current market value. You are protected by the VA!
• INTEREST RATE REDUCTION Refinance!
  In our sometimes volatile economy, interest rates can fluctuate monthly, weekly, and even daily. At the time you apply for a home loan with FortLewisVA.com, you will receive a very low competitive interest rate. If we find that interest rates have dropped anytime after you close on your new home, the VA allows you to receive a ‘Streamline’ Refinance with little to no additional cost. To put is simply, if interest rates get better after you close on your house, the VA wants you to take the NEW LOW RATE instead!
• PROTECTION AGAINST excessive fees!
  The Veterans Administration has added one more layer of protection for Military Home Buyers…Protection against excessive lender fees. Just as the VA protects you against inflated home values, there are also ‘VA approved home loan’ underwrites that protect you against excessive fees. You can always rest easy knowing that you got a GREAT DEAL!