DESIGNED TO OFFER LONG-TERM FINANCING TO AMERICAN VETERANS
VA loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.
Here’s how it works:
- 100% financing without private mortgage insurance or 20% second mortgage.
- A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.
- When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.
- When refinancing a home, veterans may borrow up to 100% of reasonable value in order to refinance where state law allows.
For more information, contact us at 406-294-7207 or email@example.com
or visit us at our downtown Billings location at 1320 Division Street, Billings, MT 59101.
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These materials are not from HUD or FHA and were not approved by HUD or a government agency.